Sensex Today | Stock Market LIVE Updates: With IT seeing some short-covering on Thursday, banks took a break, even as the Nifty Bank managed to defend the 58,000 mark at close. Financials will continue to remain in the spotlight due to the quarterly business updates reported by a host of names, including PNB, CSB Bank, and most importantly, Bajaj Finance. Adani Enterprises has launched a QIP to raise funds keeping it in the spotlight as well.
Closing above the 100-DMA is a positive, but that had happened two weeks ago as well and the index could not sustain at the 24,250 – 24,300 zone. That is the range the bulls would be eyeing today, with 24,000 now a firm support on the downside.
With IT seeing some short-covering on Thursday, banks took a break, even as the Nifty Bank managed to defend the 58,000 mark at close. Financials will continue to remain in the spotlight due to the quarterly business updates reported by a host of names, including PNB, CSB Bank, and most importantly, Bajaj Finance. Adani Enterprises has launched a QIP to raise funds keeping it in the spotlight as well.
Also watch for names like Marico, Hindustan Zinc, Avenue Supermarts, PB Fintech and others.
Watch this space for all the Live Stock Market Updates.
