Sensex Today | Stock Market LIVE Updates: Nifty may open around 24,200 at opening; M&M in focus

Sensex Today | Stock Market LIVE Updates: The Nifty bulls would look to add on to the momentum gained in the second half of Tuesday's trade after oil prices fell overnight and are adding to those losses this morning.

The bulls will take heart from the fact that 24,000 continues to be protected on the downside, despite the intraday slips. The only concern currently stems from the currency, which continues to make new lows. A rebound in the rupee will only add to improving sentiments. There is no change in the Nifty range. 23,800 on the downside and 24,300 on the upside.

The two indices to watch though, will be Nifty Bank and Nifty IT. The banking index has struggled to hold above 55,000, while IT stocks also contributed to the recent volatility. L&T and Hero Moto, along with SRF, Coforge, Poonawalla Fincorp, and others will react to their results today. Bajaj Auto reports results today along with announcing a share buyback.

Platform companies Meesho, Paytm, PB Fintech report results as well, along with names like GCPL, Blue Star, Hexaware, Kansai Nerolac, Radico Khaitan and others.

Watch this space for all the LIVE stock market updates.