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HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty Bank slumps back to red; Nifty 50 up 90 points
Sensex Today | Stock Market LIVE Updates: The market are a bit cautious today as it trades higher, while not surging. The Nifty is up over 50 points, jumping to 23,750. The Nifty Bank has been very volatile, swinging between red and green, and is now up 20 points. Tata Motors PV, Infosys, and Tech Mahindra are the top winners.
Sensex Today | Stock Market LIVE Updates: The Nifty bulls would aim to carry on the momentum that they gained during the Sensex expiry on Thursday. Further recovery in the currency or in the bond yields could add to the improving sentiments. However, there are concerns too. IT continues to sell-off. That is capping gains.
The next Nifty hurdle is its 20-DMA, just near the mark of 23,900. That's another 200 points away. The Nifty Bank will be the index to watch as any further short-covering could propel both indices higher. The Nifty support is back at 23,500 and the index is set for a weekly advance as well.
Earnings reactions today come from Voltas, Muthoot Finance, JSW Steel, United Spirits, Tata Motors Passenger Vehicles, and a host of other companies. SAIL, Tata Steel, Amber Enterprises, Balrampur Chini, Cochin Shipyard, Hindustan Copper, NCC, NHPC are some important results for the day. Also keep an eye on the Adani Group stocks.
Watch this space for all the LIVE stock market updates.
