📊 Sensex Today | Stock Market LIVE Updates: Markets Open Higher; Nifty Eyes Breakout, Focus on Earnings Buzz
The Indian stock market kicked off the week on a positive note. The Sensex opened at 80,661.62, while the Nifty 50 began at 24,419.50 — just 1,857.85 points shy of its all-time high of 26,277.35. This follows last week’s close where Nifty was 1,930.65 points below its record peak.
🔍 Key Highlights:
- Nifty’s Momentum: Eyeing a breakout from the 600-point range it was stuck in last week.
- Wall Street Rally: The US markets posted their best winning streak in 20 years, supported by strong tech earnings and robust non-farm payroll data — increasing pressure on the US Fed to consider rate cuts. The FOMC’s decision is due this week.
- Banking in Focus: SBI and Kotak Mahindra Bank in the spotlight post earnings.
- Other Earnings Reactions: Netweb Tech, CDSL, Utkarsh Small Finance Bank, Indian Bank, Avenue Supermarts.
- Scheduled Results Today: DCM Shriram, CAMS, CCL Products, Prataap Snacks, Coforge, OneSource Specialty Pharma.
- Stocks to Watch: JSW Steel, AU Small Finance Bank, City Union Bank, Concord Biotech, IRCON International, Tata Motors, Shilpa Medicare.
