Sensex Today | Stock Market Live Updates: Nifty turns green with marginal gains; RCF stocks jump 7%

HomeMarket NewsSensex Today | Stock Market Live Updates: Nifty turns green with marginal gains; RCF stocks jump 7%

Stock Market Live Updates:

After starting the day on a positive note, the Indian indices hit turbulence and dipped into the red. The Nifty 50 opened at 24,786.30. The Sensex opened at 81,492.50.

Another important day beckons for the Indian equities today, as despite being stuck in a range, the Nifty has been giving opportunities to trade on both sides of the spectrum. The first half of Monday's trading session saw the Nifty react adversely to global cues and fall to the lows of the day with declines of over 200 points. It is then that the bulls stepped in to lead a recovery from the lows, as has been the case over the last month. The Nifty has not closed below 24,500 since May 9 and the bulls would want to protect that base. Part of the reason for the Nifty recovery in the last two trading sessions has been the Nifty Bank, which continued to outperform, led by the PSU Bank index, which was the top sectoral gainer last Friday as well as on Monday. The Nifty Bank has closed at the higher end of the congestion zone of 55,800 - 55,900 and is within touching distance of another record high. The handover from Wall Street is directionless as US markets also followed the buy-the-dip template. Watch this space for all the Live updates as the spate of block deals continue as well.