Sensex Today | Stock Market LIVE Updates: Nifty slips below 23,900 as market cools from highs

Sensex Today | Stock Market LIVE Updates: The bulls are on parade at Dalal Street as the Nifty surges over 300 points, marching towards the 24,000 mark. The markets are rallying amidst the US-Iran peace deal.

Having hit the ball out of the park last Friday on the very hopes of this deal, the bulls would hope that this recovery sustains and continues at higher levels.

For the Nifty, the June 1 high of 23,733 will be key and a sustained move above 23,800 can accelerate the recovery towards the 24,000 mark.

The Nifty Bank index is surging, with an uptick of 700 points. The Nifty Bank was the big outperformer last week and did the heavy lifting. 57,000 - 57,500 comes into play for the index after last week's 4% surge.

The one index the bulls would want to put its hand up is IT, which has struggled throughout last week. Another major event today is for Vedanta, whose four demerged entities list today.

Watch this space for all the LIVE stock market updates.