Sensex Today | Stock Market LIVE Updates: Nifty Midcap recovers 300 points from lows to turn positive

Sensex Today | Stock Market LIVE Updates:

The Nifty index, after opening with a deficit, has now recovered over 80 points, closing in on turning green. The Sensex index has also trimmed its losses majorly, and is now trading above 82,500. The markets are reacting to the GST 2.0 reforms, which are kicking off today.

The Midcap index, after trading with cuts earlier in the day, has recovered over 300 points from the day's lows to turn positive.

The IT stocks and the Nifty IT are under pressure after Donald Trump's decision to hike the fee levied on the H1-B visa. The top-tier IT stocks, including TCS, Infosys, Wipro and Tech Mahindra, are trading with cuts.

The Nifty Midcap index, after trading in the red, recovered to turn positive; however, it is currently turning with cuts of about 30 points. The Nifty Bank index is also trading with some marginal gains.

Some of the biggest losers among the Nifty 500 stocks include Persistent, Mphasis, tech Mahindra, Coforge and Sagility.

Watch this space for all the Live updates.