Sensex Today | Stock Market Live Updates: Nifty gives up gains, slips in red; Apollo Hospital down 4%

Sensex Today | Stock Market Live Updates: The markets are moving with some caution, even as it looks to start the new October Series on a positive note. The Nifty is trading above the 22,700 mark. The Sensex is up over 300 points and is aiming for the 75,000 mark.

This session comes after Nifty lost over 1,300 points so far in September, with today being the last trading session of the month. While it has been the worst September F&O series for the index in 25 years, a month-on-month comparison makes it the worst month that the index has had since 2018.

The bulls will take some comfort from the fact that expiry lows were protected and the index closed above the key 22,700 mark.

Sustaining above 22,800 - 22,850 levels on the upside will be key for a move back towards 23,000, where analysts believe that further short-covering could come.

The Nifty Bank managed to defend 54,000 on a closing basis and that remains the key downside level for the banking index. A move above 54,500 will be positive for the bulls. Along with the month, the quarter also comes to an end, so we'll see the last of the block deals for now. BSE begins trading on the Nifty 50 from today. Watch for Avalon Tech, Tata Steel, KPI Green and others.

Watch this space for all the LIVE stock market update.