
📉 Sensex Today | Stock Market LIVE Updates – August 29 Highlights
- 🔄 Markets Turn Volatile:
- Nifty swings between gains and losses, now trading flat above 24,500
- Sensex hovers just below the 80,200 mark
- 🚗 Auto Sector Under Pressure:
- Nifty Auto index drops over 1% (≈300 points)
- Mahindra & Mahindra slips 3%
- 📉 Broader Market Weakness:
- Nifty Midcap down ~0.50%
- Nifty Smallcap also in the red
- 📊 Recent Market Trend:
- Nifty has declined ~600 points over the past 4 sessions
- 🏦 Banking Sector Shows Strength:
- Nifty Bank index up 0.30%, hinting at early signs of recovery
- 📈 Technical Watch:
- Nifty nearing a critical support zone around 24,512
- This level marks the 78.6% Fibonacci retracement of the recent rally from 24,337 to 25,153
- 🏢 All Eyes on Reliance AGM:
- Reliance Industries stock saw a sharp recovery on Thursday
- AGM scheduled for 2 PM today is expected to drive further market moves