Sensex Today | Stock Market LIVE Updates: Nifty aims to defend 26,200 support on weekly expiry amidst Q3 updates

Sensex Today | Stock Market LIVE Updates:

The Nifty enters today's weekly expiry session having made a new record high of 26,374 on Monday. However, the index cooled off significantly from those levels, as heavyweights HDFC Bank, Reliance Industries, and IT stocks dragged the index down from higher levels.

The bulls still managed to defend 26,200 on the downside, and that will be the first level of support for the index going into today's session.

The Nifty Bank too fell 400 points from the day's high but managed to close above the 60,000 mark. Analysts believe that both Nifty and Nifty Bank are at crucial supports, having broken out from the previous range they found themselves stuck in.

Counting down to earnings season, a slew of banking, financial, and FMCG companies have come out with business updates after market hours, to which the markets will react today. The handover from Wall Street is positive too. Keep an eye on IndusInd Bank, Kotak Bank, Dabur, and others who reported their Q3 updates on Monday.

Watch this space for all the live updates.