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Sensex Today | Stock Market LIVE Updates: Sensex contracts face weekly expiry, testing the CAS system. Nifty defended 24,500, Nifty Bank defended 57,500. Over 50 major results are due today.
Sensex Today | Stock Market LIVE Updates: Today is the weekly expiry of the Sensex contracts, which will once again test the CAS system and the resultant changes the index has been witnessing over the last three sessions. Wednesday saw the Nifty jump 50 points from its 3:15 closing level, while the Nifty Bank jumped over 100 points.
The index managed to defend the 24,500 mark yet again, and that will remain a crucial support for today's session as well. On the upside, the 24,700 - 24,800 zone will be important to watch for the Nifty.
The Nifty Bank also managed to defend 57,500 on the downside and close above that level. Today's session is more likely to be about specific stocks and their reaction to results compared to index levels, which will surely come into play during the final 20 minutes of trade.
Today is also potentially the last "earnings-heavy" day, with over 50 major results slated to be disclosed. Crude oil prices are steady, as is the US Dollar. Watch out for capital goods stocks as two majors, Cummins and GE Vernova T&D react to numbers, while other reactions come from PB Fintech, Berger Paints, Aurobindo and others.
Watch this space for all the LIVE stock market updates.
HomeMarket NewsSensex Today | Stock Market LIVE Updates: GIFT Nifty trades higher; PB Fintech in focus
