Sensex Today | Stock Market LIVE Updates: GIFT Nifty up 70 points, indicates a postive start to index as geopolitical tensions persist

HomeMarket NewsSensex Today | Stock Market LIVE Updates: GIFT Nifty up 70 points, indicates a postive start to index as geopolitical tensions persist

Sensex Today | Stock Market LIVE Updates: Indian markets begin a new trading week on the back of two days of turmoil, one due to the weekly options expiry and the other due to the ongoing Israel-Iran conflict, which shows no signs of stopping at the current juncture.

The bulls would take heart from the fact that the Nifty managed to defend the May 22 low of 24,462 and recovered from those levels, despite a 170-point loss on Friday. Broader markets, too, staged a recovery. The Nifty Bank, though, remains a pain point, having corrected 1,500 points in the last four trading sessions from record high levels.

Unsurprisingly, defence names continued their outperformance on Friday, as the conflict continues to escalate in West Asia. Oil prices are higher this morning, keeping the crude-sensitive stocks in focus yet again, while a slew of corporate actions are set to take place today.

Bajaj Finance trades ex-bonus and ex-stock split from today's session, while names like Vishal Mega Mart and Sai Life Sciences will see their shareholder lock-in period end today. US futures are steady currently after a sharp sell-off on Friday night on Wall Street, while Gold prices are headed towards reclaiming their record high levels.

Watch this space for all the live updates.