What is the story about?
Sensex Today | Stock Market LIVE Updates: The markets are in a strong position and are building on momentum. The Nifty is up over 100 points, rising towards the 24,200 mark. The Sensex is up over 400 points, jumping to 77,400.
When it comes to Nifty, although the index managed to recover only 60% of Tuesday's drop, the bulls would be content with the fact that 24,000 was back on the screen.
However, the 24,100 - 24,150 zone continues to remain a congestion point for the index and that is what the bulls would aim to cross.
The Nifty Bank is also gliding ahead, with a near 300-point rise. For the banking index, a close above 58,000 is positive, and it will now look towards the 58,500 levels on the upside.
Analysts continue to remain bullish on the banking index till 57,000 is held on a closing basis.
Watch this space for all the Live stock market updates.
When it comes to Nifty, although the index managed to recover only 60% of Tuesday's drop, the bulls would be content with the fact that 24,000 was back on the screen.
However, the 24,100 - 24,150 zone continues to remain a congestion point for the index and that is what the bulls would aim to cross.
The Nifty Bank is also gliding ahead, with a near 300-point rise. For the banking index, a close above 58,000 is positive, and it will now look towards the 58,500 levels on the upside.
Analysts continue to remain bullish on the banking index till 57,000 is held on a closing basis.
Watch this space for all the Live stock market updates.
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