Sensex Today | Stock Market LIVE Updates: Kotak Instl eq expects modest returns from markets over the next 12-15 months

Sensex Today | Stock Market LIVE Updates:

The Nifty 50 index has lost over 200 points in the last two trading sessions. The focus will continue to remain on IT stocks today as well, as to whether the dips seen on Monday would invite buying interest or trigger further selling pressure. Pharma joined IT in the selling pressure department on Monday, dragging the index to the day's low in the final hour of trade.

The Nifty managed to marginally reverse from the 25,150 low, which is the earlier swing high, and will now act as an important downside support for the index. Another lower high on the charts was made on Monday, as now, 25,300 and 25,350 become important levels on the upside for the Nifty.

The Nifty Bank also saw a grind down in the second half of the trading session, closing below the 55,300 mark after outperforming in the first half of trade.

Watch out for auto names today after Maruti and Hyundai disclosed their first day of festive sales, while stocks like Pidilite and Time Technoplast will trade ex-bonus from today.

Watch this space for all the live updates.