Sensex Today | Stock Market LIVE Updates: NSE IPO opens for subscription; Nifty nears 23,300

Sensex Today | Stock Market LIVE Updates: The markers look cautious as the Nifty index rises towards the 23,300 mark in this Sensex weekly expiry session. The Sensex is also up, rising over 140 points, moving towards 74,500.

The Indian markets are reacting to the US Federal Reserve hiking interest rates for the first time in three years. Wall Street sold off as a result; the US Dollar Strengthened, while yields rose as well.

Brent Crude has eased to $105 and the Indian rupee on expected lines has weaken, falling to 96 for the first time sicne July 27,2026.

The Nifty has been finding resistance at the 23,280 - 23,300 zone so that will be an important level to watch. On the downside, Tuesday's close and Wednesday's low of around 23,100 will remain the key.

The Nifty Bank needs to sustain above the 56,000 mark as well or yesterday's low of 55,812 will come into play yet again. Primary market activity, though, remains robust with the mega NSE IPO opening for subscription today.

Watch this space for all the LIVE stock market updates.