Sensex Today | Stock Market LIVE Updates: Nifty Slips Over 120 Points, Maruti Shares Fall Over 2%

Indian stock markets witnessed volatile trade today as benchmark indices gave up early gains. While the broader trend remains positive, profit booking at higher levels dragged the markets lower during intraday trade.

Market Snapshot

• Nifty 50 slipped over 120 points

• Sensex traded with mild losses

• Maruti Suzuki shares declined more than 2%, weighing on auto stocks

Despite today’s decline, the Nifty has gained nearly 300 points over the last two sessions, forming a double-bottom pattern on the charts earlier this week — a technically positive sign.

Nifty Outlook: Bulls Still in Control

Positive developments in the India–US trade deal talks, as indicated by sources, have improved market sentiment. This has helped the bulls defend lower levels strongly.

The Nifty is currently trading above the 25,300 mark, and market experts believe that a move towards 25,500 levels is very likely if buying momentum continues.

Key Levels to Watch

• Immediate Support: 25,200 – 25,250

• Immediate Resistance: 25,450 – 25,500

Sensex Monthly Expiry & Economic Survey in Focus

Today is an important session as it marks the monthly expiry of Sensex contracts. Additionally, investors are closely tracking the Economic Survey being tabled in Parliament, which could set the tone for market expectations ahead of the Union Budget.

Bank Nifty Boosts Sentiment

The Nifty Bank index reclaiming the 59,500 level has provided strength to the broader market. Continued stability above this level could further support bullish momentum in banking stocks.

Earnings Action: Stocks in Focus

It is another earnings-heavy trading session, with several major companies reacting to their quarterly results.

Results Today

• L&T

• NSDL

• SBI Card

• Cochin Shipyard

• GRSE

Companies Announcing Results

More than 50 companies, including:

• ITC

• IEX

• Dixon Technologies

• Adani Power

• CONCOR

are scheduled to announce their earnings during the day, which may lead to stock-specific volatility.

Global Cues: Commodities in Focus

• Gold and Silver continue their rally, keeping precious metal-linked stocks in focus

• Brent Crude is trading near $69 per barrel

• Rising oil prices may influence market sentiment, especially for energy and logistics stocks

Conclusion

While the markets are witnessing short-term volatility and profit booking, the overall structure remains bullish as long as Nifty holds above key support levels. Investors are advised to stay selective, track earnings closely, and maintain strict risk management.

📌 Trend remains positive, but volatility is expected due to expiry and earnings.

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