Sensex Today | Stock Market LIVE Updates: Nifty surges to highest point since Sep 30; AU Bank surges 8%

HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty surges to highest point since Sep 30; AU Bank surges 8%

Sensex Today | Stock Market LIVE Updates: The first day of this very truncated week promises to be an action-packed one, simply for the action that was witnessed across Friday evening and on Saturday. The Nifty will see at least 40% of its constituents react to results, including Reliance Industries, ICICI Bank, HDFC Bank, and UltraTech.

However, the Nifty Bank will be the index to watch out for amidst a flood of banking results on Saturday and on Friday evening. Other than HDFC Bank and ICICI Bank, PNB, IDFC First Bank, IndusInd Bank, Federal Bank, AU Small Finance Bank and a host of others will be reacting to their results.

The other stock within the banks would of course, be RBL Bank, not only for its results, but for the ₹26,000 crore-plus deal signed with Emirates NBD. The Nifty nearly scaled 25,800 on Friday but cooled off from those levels due to a fall in the Dow futures.

However, a subsequent recovery and a positive handover could calm any potential nerves. With holidays ahead, volumes may remain on the lower side, and Friday's high of 25,781 will be the first important level on the upside. For the Nifty Bank, which did make a record high on Friday, that level of 57,830 will be the level to keep an eye on. No major results to be reported today.

Watch this space for all the live updates.