Sensex Today | Stock Market LIVE Updates: The Indian markets are in a volatile space, as the Nifty index is trading in a range-bound manner, slipping in and out of the 25,100 mark. The Sensex index is also inching towards the 82,000 mark. Bajaj Fin, Hero Motocorp. Eternal and Tata Motors are some of the big gainers.
Sensex Today | Stock Market LIVE Updates: After eight days and two successive weekly gains, the Nifty heads into an important week for global cues that could determine the Emerging Market trajectory going forward. The index not only crossed 25,000 but also 25,100 in the final two sessions of last week as two of its heavyweight constituents, banks and IT, stepped up.
The run now brings the August 21 swing high of 25,154 into focus, a level where there was some resistance last Friday as well. The upmove has meant that the base has shifted higher, with last week’s low of 24,751 now being an important support on the downside.
The Nifty Bank contributing to gains would comfort the bulls, who would now want to conquer the 55,000 mark, a level above which the index has not closed since August 25.
Watch this space for all the Live updates.