Sensex Today | Stock Market LIVE Updates: PB Fintech shares fall 15%, biggest single-day fall
Sensex Today | Stock Market LIVE Updates: The markets are under immense pressure, and the indices are bleeding. The Nifty is down over 200 points, falling towards the 23,200 mark. The Nifty Bank is down a mammoth 1,000 points. Insurance stocks are crashing with PB Fintech down 15%. All eyes on NSE listing.
Sensex Today | Stock Market LIVE Updates: The markets are under pressure, as indices are crumbling to lows. The Nifty is down over 230 points, and the index is slumping to the 23,200 mark. The Sensex is down over 700 points, stumbling to the 74,100 mark.
Today is also the monthly expiry of the Sensex contracts. It is also the day when the National Stock Exchange (NSE) becomes a public company with its listing on the Bombay Stock Exchange.
Block deals are showing no signs of slowing down with at least two more lined up after seven that took place on Wednesday. Insurance as a sector will be in focus after the draft IRDAI norms on distribution reforms.
For the Nifty, the index continues to find resistance at 23,500 and that remains the key on the upside. In case the market does head lower, the 23,350 – 23,280 zone could be the first line of support, followed by the 23,250 – 23,200 zone.
Watch this space for all the LIVE stock market updates.