HomeMarket NewsSensex Today | Stock Market LIVE Updates: GIFT Nifty indicates a gap-down start; PVR analysts see downside
By CNBCTV18.COM | Jul 16, 2025 9:21 AM IST (Updated)
Sensex Today | Stock Market LIVE Updates: The bigger task for the Bulls would be to sustain those levels. The handover from Wall Street is a poor one, as inflation concerns have risen, most bank earnings have disappointed, and tariff uncertainties continue to persist. The Nifty has not closed or traded below the 25,000 mark since June 24.
Sensex Today | Stock Market LIVE Updates: The Nifty snapped a four-day losing streak on Tuesday, giving the bulls some much-needed respite after a slew of disappointing IT earnings. In fact, it was the recovery in IT stocks that contributed to the index recovering from the morning lows.
The Nifty did test the 25,250 mark on the upside but could not sustain those levels. The bigger task for the Bulls would be to sustain those levels. The handover from Wall Street is a poor one, as inflation concerns have risen, most bank earnings have disappointed, and tariff uncertainties continue to persist.
For today's session, Tuesday's high of 25,245 remains the first barrier to cross on the upside, while the 25,000 low that the index made on Monday remains the key psychological support.
The Nifty has not closed or traded below the 25,000 mark since June 24.
Earnings remain the key focal point with Tech Mahindra, Angel One, ITC Hotels, and L&T Tech reporting results today, while names like HDB Financial, ICICI Lombard, and HDFC Life will be reacting to results that were reported after market hours on Tuesday.
Watch this space for all the live updates.