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HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty looks to Wall Street rally for breaking past key resistance
Sensex Today | Stock Market LIVE Updates: The bulls would hope for a replica of last night's rally on Wall Street, taking cues from some easing in bond yields and a fall in oil prices, even though nothing concrete has emerged from West Asia just yet. For the Nifty Bank, the 53,000 - 54,000 range remains, even as the index remains choppy.
Sensex Today | Stock Market LIVE Updates: Today is the weekly expiry of the Sensex contracts, the last weekly one before the monthly expiries happen next week. While the bulls are ensuring that the Nifty does not break below key supports, the bears are latching on to higher levels, ensuring supply.
23,350 - 23,450 remains an important support zone, while 23,700 - 23,800 is a hurdle for the index to head towards its 20-DMA around the 24,000 mark.
The bulls would hope for a replica of last night's rally on Wall Street, taking cues from some easing in bond yields and a fall in oil prices, even though nothing concrete has emerged from West Asia just yet. For the Nifty Bank, the 53,000 - 54,000 range remains, even as the index remains choppy.
The bulls will hope for Reliance Industries to continue Wednesday's outperformance, although volumes were lower than usual. Barring RIL, keep an eye on names like AB Capital, Apollo Hospitals, ITC, LIC, Jubilant Foodworks, HG Infra, Lenskart, Ola Electric and others.
Watch this space for all the LIVE stock market updates.
