Sensex Today | Stock Market LIVE Updates: Nifty Auto, FMCG under pressure; Sammaan Capital down 5%

Sensex Today | Stock Market LIVE Updates:

The Nifty bulls will be hopeful that the index closes out this truncated week on a high after a strong rebound on Wednesday following the RBI policy.

The bulls have the Nifty Bank to thank, as the post-policy banking reforms announced by RBI Governor Sanjay Malhotra took the banking index to its best day in three months, thereby pushing the Nifty closer to some key levels as well. The index needs to close above 24,654 to report a weekly gain after last week's drop.

The Nifty Bank will continue to remain the index to watch out for as it has not only closed above the 55,000 mark, but also above 55,300. The next important levels to watch here would be 55,700 first, and then the September 18 swing high of 55,835.

IPO rush continues on the street with WeWork India's ₹3,000 crore issue opening for subscription today. Next week will see two of India's biggest IPOs of the year. Tata Capital and LG Electronics are also open for subscription.

Watch this space for all the live updates.