Sensex Today | Stock Market Live Updates: GIFT Nifty trades 160 pts higher; Marico in focus

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Sensex Today | Stock Market Live Updates: It remains to be seen how the index moves in case it tests 24,800 on the upside yet again. The Nifty Bank, which underperformed for most of Tuesday, also saw a jump on Tuesday in the final tick, closing back near the 58,000 mark, sustaining above which will be key.

 GIFT Nifty trades 160 pts higher; Marico in focus

Sensex Today | Stock Market Live Updates: The Nifty bulls are entering the mid-week trading session amidst plenty of action that has transpired over the last two days due to the special Closing Auction Session. The spot and futures rate still remain divergent for the Nifty and the Nifty Bank.

A big positive for the market is the fall in crude oil prices, with Brent falling below the $80 a barrel mark. The 150-point uptick seen at close on Tuesday took the Nifty past the 24,600 mark again, and therefore, the 24,500 - 24,450 zone will act as a key support.

It remains to be seen how the index moves in case it tests 24,800 on the upside yet again. The Nifty Bank, which underperformed for most of Tuesday, also saw a jump on Tuesday in the final tick, closing back near the 58,000 mark, sustaining above which will be key.

All eyes today will be on the RBI policy decision, which will keep rate sensitives like banks, NBFCs, Auto and Realty stocks in focus. Also watch for general insurance players like ICICI Lombard, Go Digit and New India Assurance.

Watch this space for all the LIVE stock market updates.

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