Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a gap-up start as index aims second weekly gain

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HomeMarket NewsSensex Today | Stock Market LIVE Updates: GIFT Nifty signals a gap-up start as index aims second weekly gain

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By CNBCTV18.COM Sept 12, 2025 6:41 AM IST (Updated)

Sensex Today | Stock Market LIVE Updates: A fourth day of higher-highs and higher-lows meant that the support shifts higher to 24,950 levels on the downside. Infosys announced a buyback and it remains to be seen whether the stock finds more momentum or the "sell the news" theme plays out here, which will also have a bearing on other IT stocks.

 GIFT Nifty signals a gap-up start as index aims second weekly gain

Sensex Today | Stock Market LIVE Updates: The Nifty continues to grind higher. The seven-day winning run has resulted in the index gaining over 400 points. It is also poised for a second straight weekly advance, and needs a close above 24,741 to register another positive close for the week.

The index traded in a 90-point range on Thursday, consolidating in a very narrow band, as did most of the other indices. There are positive developments on the US-India trade talks front, but nothing concrete yet.

For the Nifty, the post PM Modi Independence Day speech high of 25,154, which becomes the recent swing high, is a major level on the upside for the index.

A fourth day of higher-highs and higher-lows meant that the support shifts higher to 24,950 levels on the downside. Infosys announced a buyback and it remains to be seen whether the stock finds more momentum or the "sell the news" theme plays out here, which will also have a bearing on other IT stocks.

Nasdaq hitting a record high on Thursday could also give the bulls some comfort. Watch out for other names like Lodha, M&M, IREDA, NBCC, among others.

Watch this space for all the live updates

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