Sensex Today | Stock Market LIVE Updates: Nifty hits 23,300 mark; Private bank stocks rise

Sensex Today | Stock Market LIVE Updates: It is past noon at Dalal Street, and the bull will hope to build on the momentum the market has gathered in the past 2 hours to ace in the second half of the day's gain.

The markets are undoing the losses after being under pressure as the geopolitical tensions strain the bulls further. The Nifty is up about 100 points, rising towards 23,400. The Sensex is also up, rising over 350 points, dropping to 74,400.

Today is the weekly expiry of all Sensex contracts. For the Nifty, the recent lows of 23,070 come into play again after the breakout sold off between the 23,450 - 23,500 levels, which remain the key resistance on the upside. Analysts maintain that any drop below the 23,070 low could take the index down to 22,800 - 22,700 levels.

The Nifty Bank is also under pressure; however, it is still better off than the frontline indices. The banking index is up over 450 points; the Nifty Bank has broken out of its range.


Watch this space for all the LIVE stock market updates.