Sensex Today | Stock Market LIVE Updates: Nifty may open below 25,700; Vedanta in focus after results

Sensex Today | Stock Market LIVE Updates:

The Nifty has followed a template all through October, dips were bought into and rallies were sold into, and despite a 1,300-plus point move in the October series, the index failed to sustain above the mark of 26,000. Last week was no different.

The Nifty remains in a 400-point range, finding some buying interest around the 25,700 mark, but finding resistance at the recent highs around 26,100. Ending near the day's low on Friday and the lack of contributing from IT and banking heavyweights is not something that will please the bulls. PSU Banks have been doing the heavy-lifting and the bulls would hope that this momentum continues going into the new month.

Around 200 major companies report results this week, possibly the penultimate one for this quarter's earnings season. Bharti Airtel, Titan, Tata Consumer are some of the important results today, while stocks like CDSL, Bank of Baroda, Urban Company, which reported results over the weekend and late on Friday, will be reacting to their numbers.

Also watch for NSDL today as its shareholder lock-in ends. Last week's low of 25,711 will be the first important level to defend for the bulls, before proceeding towards the 25,850 - 26,000 zone.

Watch this space for all the Live updates.