
📉 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