Sensex Today | Stock Market LIVE Updates: Jupiter Wagons shares surge nearly 10%; Nifty below 25,100

HomeMarket NewsSensex Today | Stock Market LIVE Updates: Jupiter Wagons shares surge nearly 10%; Nifty below 25,100

Sensex Today | Stock Market LIVE Updates:

The Nifty index is continuing on its path to recovery, as the 50-stock index is trading around the 25,100 mark, with marginal gains of 20 points. The Sensex index is inching towards the 81,200 mark. 

Some of the major movers are Jupiter Wagons, trading with a surge of about 10%. The New Indian Assurance and Happiest Mind are also trading with gains of about 7%.

When we look at the broader markets, the lukewarm movement continues as the banking index and the midcap and smallcap indices are trading with limited change.

Experts believe that as long as the Nifty preserves the 20-DMA between 24,750 - 24,800 levels, the uptrend remains intact. Broader markets have continued their outperformance, with stocks like Ola Electric, Protean eGov Technologies, among others, seeing outsized gains on Wednesday. It remains to be seen whether these stocks see any follow-up buying today.

Also watch for India Cements, as promoter UltraTech will sell its excess 6.49% stake through an OFS to comply with minimum shareholding norms. Other stocks in focus include Vedanta, Zee Entertainment, Jupiter Wagons, RailTel and others.

Watch this space for all the live updates.