Sensex Today | Stock Market LIVE Updates: Nifty IT extends gains to 1,300 points; TCS up 6%

Sensex Today | Stock Market LIVE Updates: The Indian markets are under pressure yet again. The Nifty is down with a 100-point decline, falling below 23,300. The Sensex index is also trading with a similar decline, falling over 300 points, and stumbling below the 74,000 mark.

As a result of this, the Nifty has opened for a retest towards the May series low of 23,262.

The bulls may take comfort from the fact that all recent selling has seen a reversal around this 23,250 - 23,350 range. A break of that level risks further downside for the index. Same is the case with the Nifty Bank, which had another 1,000-point range trading day on Monday.

Today is a session that will be dominated by QIPs, block deals, and OFS'. Alkem Labs, Ola Electric, ACME Solar, NHPC, KRN Heat, will all be in the spotlight due to this. The bulls would also hope that the IT stocks continue to lend any form of support to the index.

Watch this space for all the LIVE stock market updates.