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HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty extends sharp recovery from lows; Bank index up 150 pts
Sensex Today | Stock Market LIVE Updates: It is past noon at Dalal Street, and the markets, in a action replay of yesterday's trade, has made a sharp recovery from lows. The markets are under immense pressure, as the Nifty falls over 170 points, taking the index below the 23,300 mark. The Nifty Bank has recovered, slumping to the 53,200 mark. TCS, Tech Mahindra and Infosys are the biggest laggards.
Sensex Today | Stock Market LIVE Updates: We are halfway through the day's trade, and the picture looks grimmer than it did at the opening bell. The markets have fallen sharply into the red, with all key indices trading lower. The Nifty is down close to 300 points, falling to 23,200. The Sensex is down over 1000 points, falling to a low of 73,600.
This trade throws water on the bulls' plans of scaling 23,500. The market texture is wary, and chartists see a bullish trend emerging only on a sustained move past 24,000.
The Nifty Bank has been extremely volatile, swinging from green to red and back in green in a flash. The index is now 800 points off the day's low.
The Nifty IT has fallen spectacularly from the highs of the previous sessions, and will no longer be the saviour, as the index is down over 1,100 points, and will have to be watched as well, as its RSI on the charts is nearing "overbought" territory.
Watch this space for all the LIVE stock market updates.
