Sensex Today | Stock Market LIVE Updates: 25,000 on the downside remains the key support, while the 25,150 – 25,200 zone could continue to remain a barrier for the index.
A positive earnings reaction to both these stocks not only took them closer to their respective record highs but also triggered a 200+ point recovery on the Nifty from the morning lows, which were below the 24,900 mark. Barring financials, it was only L&T that contributed to the Nifty gains, which were offset by a fall in Reliance Industries, IT names, as well as ITC.
Going into today’s session, it remains to be seen whether the Nifty has the strength to move sans its heavyweight constituents. Stocks like Eternal surged after their results on Monday and would aim to build on those gains. Earnings reactions also come from stocks like PNB Housing, DCM Shriram, among others, while Colgate-Palmolive, Paytm, Dixon Technologies, and KEI Industries are some stocks reporting results today.
25,000 on the downside remains the key support, while the 25,150 – 25,200 zone could continue to remain a barrier for the index. Watch this space for all the live updates.
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