logo

Are you need IT Support Engineer? Free Consultant

Sensex Today | Stock Market LIVE Updates: Nifty Drops 200+ Points, Nears 20-DMA at 24,737; Vodafone Plunges 9%

  • By admin
  • August 26, 2025
  • 35 Views

📉 Sensex Today | Stock Market LIVE Updates

🗓️ Crucial Trading Session for Nifty Ahead of Midweek Break

  • ⚠️ Caution Dominates: Nifty faces strong resistance in the 25,000–25,150 range. Market participants remain wary as the 50% U.S. tariffs on Indian goods may take effect tomorrow (Ganesh Chaturthi holiday).
  • 📊 Chart Watch: Nifty formed a lower high, failing to surpass Friday’s intraday peak—despite ending higher on Monday. This signals potential weakness in momentum.
  • 💻 Sectoral Action:
    • IT stocks were the key movers on Monday
    • Support also came from Pharma and Metals, though they carry lower index weights
    • Banking stocks continue to underperform
  • 🔍 Key Technical Levels:
    • Support: 24,800 – 24,850
    • Nifty Bank: Must defend the critical 55,000 level
  • 📉 Volume Alert: Trading activity may remain subdued ahead of Wednesday’s holiday.
    • Thursday marks the monthly expiry of NSE contracts
    • Post-expiry, NSE shifts to Tuesday expiries for index F&O
    • BSE will adopt Thursday as its expiry day
  • 🚨 Stocks to Watch:
    • Vodafone Idea – On AGR relief hopes, but under pressure
    • IT sector – Watch for follow-up buying
    • Paper stocks – Remain active after a strong surge on heavy volumes

Leave a Reply

Your email address will not be published. Required fields are marked *

No data found.