What is the story about?
Sensex Today | Stock Market LIVE Updates: Budget 2026 is out of the way, but the reactions will continue. The Nifty 50 is entering Monday's trade on the back of a ₹11 lakh crore rout, triggered by the hike in the Securities Transactions Tax (STT), which took the Nifty all the way down to its September 30 swing low of 24,587 before a small recovery. That swing low is the first level to watch today.
FIIs will return to the market after being on Sunday's holiday and experts have warned that they may not take the STT hike well, having already been net sellers in the Indian equities. The other reaction to watch is on the PSU Banks, which sold off after the record gross borrowing number.
The Nifty Bank is now on the verge of breaking below 58,000 after a 1,500-point fall on Monday. Railway stocks, defence stocks, and more so, the Capital Market names, BSE, Angel One, Groww will remain in focus after analysts cited an earnings risk for them post the STT hike. The sell-off in Gold and Silver also remains a focal point.
Watch this space for all the LIVE market action.
FIIs will return to the market after being on Sunday's holiday and experts have warned that they may not take the STT hike well, having already been net sellers in the Indian equities. The other reaction to watch is on the PSU Banks, which sold off after the record gross borrowing number.
The Nifty Bank is now on the verge of breaking below 58,000 after a 1,500-point fall on Monday. Railway stocks, defence stocks, and more so, the Capital Market names, BSE, Angel One, Groww will remain in focus after analysts cited an earnings risk for them post the STT hike. The sell-off in Gold and Silver also remains a focal point.
Watch this space for all the LIVE market action.
