Sensex Today | Stock Market LIVE Updates: IndiGo shares fall 2.5% amid flight cancellation; Niftt at 26,150

Sensex Today | Stock Market LIVE Updates:

  The Nifty trades around 26,050 as the markets remain cautious, note, even after the RBI cut its interest rates by 25 basis points, bringing it down to 5.25%. The Nifty is trading with gains of around 50 points.

Some of the biggest benefactors of this move among the different sectors are the Nifty IT index, which has been on an upward move for most of the week. Other sectoral indices on the rise include Nifty PSU Bank, Nifty Realty, and Nifty Financials on expected lines.

When we take a look at the larger market, the Nifty Midcap 100 index has declined by over 100 points. In addition to that, the Nifty Smallcap 100 index is also down, falling over 130 points as the broader markets remain under pressure even as benchmark indices look to recover from lows.

The bulls have held on to the 26,000 mark on the Nifty and 59,000 on the Nifty Bank on Thursday despite the volatility. The broader market breadth, though, particularly within the smallcap stocks, remains a concern. Also, keep an eye on IndiGo.

Watch this space for all the Live updates.