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HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty rises 200 points from lows as mkt extends gains
Sensex Today | Stock Market LIVE Updates: The markets are now on a recovery path after being under pressure amid the rising tensions in the Persian Gulf. The Nifty fell over 100 points, threatening the 23,000 mark. The Nifty Bank is also under pressure, down over 120 points. HCLTech, Infosys and Trent are the top laggards.
Sensex Today | Stock Market LIVE Updates: The markets are under pressure as the geopolitical tensions strain the bulls further. The Nifty is down about 100 points, falling towards 23,000. The Sensex is also down, falling over 350 points, dropping to 73,600.
Today is the weekly expiry of all Sensex contracts. For the Nifty, the recent lows of 23,070 come into play again after the breakout sold off between the 23,450 - 23,500 levels, which remain the key resistance on the upside. Analysts maintain that any drop below the 23,070 low could take the index down to 22,800 - 22,700 levels.
The Nifty Bank is also under pressure, however it is still better off than the frontline indices. The banking index is down over 100 points
The bigger disappointment is from the Nifty Bank, and although it managed to hold above 55,000, the 400-point fall from highs also indicates supply at the 55,500 mark. Keep an eye on Lenskart, Zee Entertainment, and the oil & gold sensitives.
Watch this space for all the LIVE stock market updates.
