What is the story about?
Sensex Today | Stock Market LIVE Updates: The markets are on a roll, and the bulls are making it all count. The Nifty is surging over 150 points, jumping towards the 23,700 mark. The Sensex is also surging over 700 points, rising above the 76,4000 mark.
The biggest positive for the Nifty bulls in today's weekly options expiry session is that crude oil prices were down over 8% the previous night, marking their biggest fall in three months.
For the Nifty, 23,500 now becomes the most important level on the upside, while supports at the lower end could now be seen between 23,250 - 23,200 levels. A major part of Monday's move came from Reliance Industries and the bulls will hope that the trend continues after the recent underperformance.
The Nifty Bank also reclaimed the 55,000 mark on Monday after underperforming the Nifty for most of Monday's session. 55,500 will be the next upside level to watch, while support has likely moved higher to 54,500.
ITC could be the result reaction of the day, while State Bank of India , the country's largest lender also reports numbers today.
Watch this space for all the Live stock market updates
The biggest positive for the Nifty bulls in today's weekly options expiry session is that crude oil prices were down over 8% the previous night, marking their biggest fall in three months.
For the Nifty, 23,500 now becomes the most important level on the upside, while supports at the lower end could now be seen between 23,250 - 23,200 levels. A major part of Monday's move came from Reliance Industries and the bulls will hope that the trend continues after the recent underperformance.
The Nifty Bank also reclaimed the 55,000 mark on Monday after underperforming the Nifty for most of Monday's session. 55,500 will be the next upside level to watch, while support has likely moved higher to 54,500.
ITC could be the result reaction of the day, while State Bank of India , the country's largest lender also reports numbers today.
Watch this space for all the Live stock market updates
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