Sensex Today | Stock Market LIVE Updates: Nifty aims to bounce from post-policy slump as Q2 results begin with TCS


Sensex Today | Stock Market LIVE Updates: The Nifty managed to defend 22,600 on the downside on Wednesday and any slip from those levels would make 22,500 a key level to watch. The 22,700 – 22,800 zone is where supply emerges and the bulls would want to reclaim and sustain above that to move back to the 23,000 mark.

Sensex Today | Stock Market LIVE Updates: Today is the Sensex weekly expiry session and the Nifty bulls would not be pleased with out the mid-week session turned out. The handover today from Wall Street is not the greatest either, although the key price monitorables, namely the bond yields and crude oil prices have not moved much from where they were the previous morning. Broader markets though are where the action lies.

The Smallcap index has remained fairly resilient to the market volatility. Multiple broader market names will continue to react to their business updates today as well.

‘The Nifty managed to defend 22,600 on the downside on Wednesday and any slip from those levels would make 22,500 a key level to watch. The 22,700 – 22,800 zone is where supply emerges and the bulls would want to reclaim and sustain above that to move back to the 23,000 mark.

The Nifty Bank, stronger among the two, would want to build on its close above 55,000, with 54,500 now looking like a strong support. TCS kickstarts the Q2 results season today with GM breweries. Also keep an eye on Senco Gold, Jubilant Foodworks, TD Power, Ola Electric and others.

Watch this space for all the LIVE stock market updates.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *