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HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty extends losses to over 270 points; Tata Steel down 4%
Sensex Today | Stock Market LIVE Updates: The markets have started the week on a bad note, with the Nifty falling over 250 points, dropping to 23,400. The Nifty Bank index is also down over 600 points, falling to 53,100. Power Grid, Tata Steel and Maruti are the top losers.
Sensex Today | Stock Market LIVE Updates: The markets are under immense pressure, with the Nifty index falling over 250 points, stumbling on its way to the 23,400 mark. The Sensex is down over 800 points, falling to the 74,400 mark.
This comes at a time when the Brent crude price is now at $111. Bond yields are rising, and the currency is at a record low.
For Nifty, the 23,500 level, which it managed to sustain above last week, comes back into play again on the downside, while the 23,700 - 23,800 zone continues to remain a barrier.
The Nifty Bank has a broad range of 53,500 - 54,500 for the session. Broader markets will be crucial as earnings reactions have been on the extreme on either side.
Watch for stocks like Tata Steel, Vodafone Idea, ITC Hotels, Hindustan Copper react to results. Also watch for REC, PFC, ICICI Prudential Life among other names.
Watch this space for all the LIVE stock market updates.
