Sensex Today | Stock Market Live Updates: Nifty slips below 25,300; market off highs

Sensex Today | Stock Market Live Updates:  The markets are moving higher with caution as the Nifty index looks to retain the momentum from the previous sessions. The 50-stock index is up over 50 points and is now aiming for the 25,400 mark. The Sensex is also trading on the same lines, rising over 300 points to the 82.200 mark.

For the Nifty, support emerges between 25,050 - 25,100, while supply is seen at 25,400 levels.

After multiple days of seeing strong gains, both Nifty and the Nifty Bank showed first signs of exhaustion at higher levels, indicating that the market could be headed for a phase of consolidation before resuming its uptrend again.

Both the Nifty and Nifty Bank ended off the day's highs on Wednesday, even though they did post substantial gains. FIIs continued their buying spree, adding another ₹12,000 crore to the bounty in mid-week trading.

For the Nifty Bank, Wednesday's high of 61,394 remains key to watch, while the bulls would want the index to sustain above 60,000 in case of any consolidation or dip.

Watch this space for all the Live stock market updates.

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