Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades 50 pts higher; Brent creeps back to $101

Sensex Today | Stock Market LIVE Updates: Its been a while since we wrote this at the start of the day, but going into today's Nifty weekly expiry, global cues, barring the AI rally overnight, seem favourable for the bulls.

Crude prices are cooling, Brent is on the verge of slipping below $100, bond yields have cooled off as well and there has been no news of any new attacks in West Asia at least as of now.

The Nifty goes into today's session on the back of four straight days of gains, and also after managing to close above the 23,400 mark, a level it found regular resistance through last week.

The bulls will now aim for 23,500 on the upside and sustaining above that would be a big positive. On the downside, the supports would shift higher towards the 23,300 - 23,350 zone.

The Nifty Bank though, continues to find supply between 56,500 - 56,700 levels, and a break above that would clear the way for scaling back towards the 57,000 mark. The index now has support between 56,250 - 56,150 levels.

The NSE IPO allotment takes place today, another block deal takes place in Pine Labs, and watch for IT stocks as well after the overnight moves in chip stocks.

Watch this space for all the LIVE stock market updates.