Sensex and Nifty Stock Market Updates. Sensex Today | Stock Market LIVE Updates | Sensex jumps over 700 pts, Nifty tops 24,200; metal, bank stocks shine.
Sensex and Nifty Live Updates:
The benchmark equity indices have made a sharp recovery after hitting the day’s lows, amid uncertainty surrounding the US presidential election. Here’s the latest on their performance:
- Nifty gained 218 points to 24,213.85, showing signs of a recovery.
- Sensex surged by more than 700 points, reaching 79,494.11.
Market Outlook: Sensex and Nifty Stock Market Updates
- Analysts’ View on Nifty: There’s a possibility of further correction towards 23,650 in the short term. However, a decisive move above 24,100 could trigger a rally, indicating a positive sentiment if it sustains above this level.
- US Election Impact: The ongoing uncertainty surrounding the US presidential election is adding volatility to the global markets, which is reflected in today’s market movements. Traders are closely watching developments in the election for cues on future market direction.
Key Levels to Watch: Sensex and Nifty Stock Market Updates
- Nifty’s Immediate Resistance: 24,100
- Nifty’s Immediate Support: 23,650
The recovery in both Nifty and Sensex shows some optimism, but market participants are cautious, given the external geopolitical and economic factors influencing market sentiment.
If the Nifty manages to hold above the 24,100 level, it may pave the way for further gains. But in case of a correction, the 23,650 level could provide strong support in the near term.
Sensex Today | Stock Market LIVE Updates | Nifty PSU bank stocks trading in green
Axis Bank Ltd.: 1170.80
Vol: 8953.93K31.55 (2.77%)
HDFC Bank Ltd.: 1759.80
Vol: 15207.58K45.71 (2.67%)
Central Bank of India: 57.45
Vol: 5505.40K1.48 (2.63%)
Bank of India: 110.99
Vol: 4946.91K2.66 (2.46%)
IndusInd Bank Ltd.: 1088.15
Vol: 3824.78K24.36 (2.29%)
Indian Overseas Bank: 54.32
Vol: 5569.45K1.15 (2.15%)
State Bank of India: 847.25
Vol: 21213.60K17.40 (2.10%)
Bank of Maharashtra: 55.54
Vol: 14629.12K1.15 (2.10%)
Bank of Baroda: 257.15
Vol: 10476.69K4.50 (1.79%)
Union Bank of India: 117.75
Vol: 5659.64K1.79 (1.54%)
UCO Bank: 46.10
Vol: 3539.25K0.67 (1.46%)
Canara Bank: 103.36
Vol: 17952.94K1.46 (1.43%)
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