Sensex Today | Stock Market LIVE Updates: Nifty Metal falls 300 points; Hind Zinc, Nalco down 4% each

Sensex Today | Stock Market LIVE Updates: The markets are under immense pressure, as the Nifty trails with a massive deficit of over 130 points, falling towards the 24,000 mark, and it looks down the barrel of a month in decline. The Sensex is also down, falling over 300 points, dropping below the 77,000 mark.

The Nifty has now fallen below the 24,000 mark intraday, taking it to its lowest point in nearly months (since July 1).

The Nifty 50 index has had a forgettable month of August, with the index having declined around 200 points from the end of July. The index remains locked in the 24,000 - 24,400 range.

HDFC Bank is soaring with gains of 2% amid managerial turbulence.

The bulls will hope for a breakout on the upside in a week that will include the weekly expiries, macro data, and many other triggers.

A major one to watch today will be the MSCI rebalancing, which will take place during the closing minutes of trade. This will be the first rebalancing that will take place after the introduction of the Closing Auction Session.

Although the Nifty Bank has had a slightly better month compared to the Nifty, it also remains stuck in the 57,000 - 58,000 band.

Watch this space for all the LIVE stock market updates.