Sensex Today | Stock Market LIVE Updates: Nifty continues to see resistance at higher levels; FMCG shares fall

HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty continues to see resistance at higher levels; FMCG shares fall

Sensex Today | Stock Market LIVE Updates: The indices appear to be breaking the red mould that has enveloped them in the recent past. The Nifty index is up about 100 points, surging beyond the 25,000 mark.

This surge has been pushed into effect through heavy contributions from ICICI Bank and HDFC Bank. The Sensex index has also crossed the 82,000 mark.

This comes after a period of cuts early on in the day's trade. After an early fall, the banking index is also up nearly 1%, powered by ICICI Bank and HDFC Bank.

The key Nifty heavyweights in focus, namely ICICI Bank and HDFC Bank, after announcing their results over the weekend, are trading in green with gains of over 1%. Another big name, Reliance Industries, on the other hand, is trading with a deep cut of over 2%

Banking stocks, apart from the big two, appear to be under pressure, as AU Bank shares declined by over 7%. In addition, MRPL also declined by 8%

When we look at the broader markets, specifically, the small-cap and midcap indices, they are trading in red with a dip of under 0.25%.

Earnings show no let-up, with Nifty constituents Eternal and UltraTech reporting results today, along with broader market names like Havells, DCM Shriram, IDBI Bank, PNB Housing, Oberoi Realty and others.

Watch this space for all the live updates.