Sensex Today | Stock Market Live Updates: GIFT Nifty indicates a negative start to index as it aims to avoid third day of losses on weekly expiry

HomeMarket NewsSensex Today | Stock Market Live Updates: GIFT Nifty indicates a negative start to index as it aims to avoid third day of losses on weekly expiry

Stock Market Live Updates: The last two days have been choppy for the Nifty, more so for the mid- and small-cap indices. The index has been ending in the red but is managing to respect levels on the downside.

The Nifty walks into today's weekly options expiry session having declined in four out of the last five trading days. The market today has multiple global and domestic cues to deal with.

The Fed, on expected lines, left rates unchanged but warned of higher inflation, unemployment and slower growth in their forecast. That weighed on Wall Street, with the Dow closing 450 points off the highs. The other bit continues to be the uncertainties around the Middle East, with no decisive move yet from the US, which has kept markets on the edge.

Oil prices continue to remain higher, which has acted as a dampener to the market sentiment back home. Domestically, besides the weekly expiry, there are stocks whose shareholder lock-ins end as well as block deals that continue to take place. This week's low of 24,700 on the index remains the key on the downside, while 25,000 continues to remain a barrier.

Watch this space for all the live updates.