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Sensex Today | Stock Market LIVE Updates:
The Nifty index is down more than 70 points and has slipped below 25,950, showing clear market pressure. The Sensex is also trading over 250 points lower, moving towards 84,700.
Sustaining above 26,000 remains crucial for the bulls. They will take confidence from Monday’s close, which ended at the day’s high.
Wall Street’s sell-off ahead of Nvidia’s results and the US September jobs report added to global weakness. Block deals have also returned after earnings season, and stocks such as Mphasis, Paytm, and Emcure Pharma may witness deals worth nearly ₹7,000 crore today.
Nifty has been rising for six straight sessions. The zone of 25,850 – 25,900 may act as support. For Nifty Bank, staying above 59,000 could pave the way for a move toward 60,000.
The Indian benchmark indices—Sensex and Nifty 50—may open lower on Tuesday, tracking weak global sentiments. Gift Nifty is also indicating a negative start, trading around 26,008, nearly 52 points below the previous close of Nifty futures.
On Monday, the market ended higher. Nifty 50 reclaimed the 26,000 mark. The Sensex rose 388.17 points (0.46%) to close at 84,950.95, and the Nifty 50 added 103.40 points (0.40%) to end at 26,013.45.
Sensex Prediction
Sensex formed a bullish candle on the daily chart and continues to hold an intraday uptrend.
Shrikant Chouhan of Kotak Securities expects 84,500 to act as the key support zone. If the index stays above this level, it may rise to 85,200 and possibly even 85,500 – 85,700. A fall below 84,500 would weaken the uptrend.
Mayank Jain from Share.Market also sees support between 84,500 – 84,400. A sustained move above 85,100 – 85,200 may trigger fresh bullish momentum.
Nifty 50 Prediction
Nifty 50 has formed a bullish candle with a minor lower shadow, showing strong underlying sentiment.
Nagaraj Shetti from HDFC Securities notes that the market is close to breaking above the 26,100 resistance. The pattern of higher highs and higher lows continues. The upside gap formed on 12th November remains partially open, suggesting a potential runaway gap—often seen in the middle of an uptrend.
A clear breakout could push Nifty towards 26,300 – 26,400 in the short term. Immediate support lies at 25,900.
Bank Nifty Prediction
Bank Nifty gained 445.15 points (0.76%) to close at 58,962.70 on Monday, forming a bullish candle that signals strong momentum.
According to Sudeep Shah of SBI Securities, the index has given a decisive breakout from its consolidation range. This indicates renewed strength and a likely extension of the short-term uptrend. Bank Nifty may first test 59,500, followed by 59,900.
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