Sensex Today | Stock Market LIVE Updates: Nifty may open around 25,950; OMCs in focus

Sensex Today | Stock Market LIVE Updates:

The Nifty 50 index has remained in a very tight range throughout the November F&O series, which comes to an end today. The index, as of Monday's close, is up only 20 points for the entire series. Yet another final hour sell-off on Monday meant that the index fell for the second day in a row, more so, closing below the mark of 26,000, something that would not please the bulls.

The real worry is the pain in the broader markets, particularly in the Smallcaps. The Nifty Smallcap index fell for the fifth day running on Monday, while the Midcap index is down 1,000 points from last Friday's intraday high.

The market, on expiry day, may look for support from two factors. The rebound in Wall Street is one, the other being remarks from the RBI Governor on a December rate cut in an interview with Zee Business on Monday. 26,000 will be the first hurdle for the Nifty to cross, while 25,950 - 25,850 will remain a key support zone.

Watch out for Dr Reddy's, Ceigall India, and Surya Roshni on the back of newsflow, while Go Digit's shareholder lock-in ends today. Watch this space for all the Live updates.