Stock Market Live Updates: In a dramatic and sharp comeback from the early lows, the Nifty index has now surged, rising towards 25,200, with an uptick of over 100 points. The Nifty Bank index is also up above 150 points, rising to the 59,000 mark. Adani Enterprises, Axis Bank, Adani Ports, JSW Steel and Ultratech among are among the major gainers.
The Sensex index is no different, with gains of just about 100 points, rising towards the 81,200 mark.
For the Nifty 25,000 mark is still under the threat of being broken again after another ₹16 lakh crore route last week.
The index made a low last Friday of 25,025. Multiple moving parts grapple the markets. Geopolitical tensions, weakness in the rupee, lack of clarity over a US trade deal, among others.
Stocks related to the EU-India trade agreement will be in focus today, along with earnings reactions from Kotak Mahindra Bank, Axis Bank, and Urban Company, among others. Vodafone Idea, It is also an important earnings day with Asian Paints, Vodafone Idea, Tata Consumer, Motilal Oswal among others reporting results today.
Watch this space for all the LIVE Updates.