Sensex Today Live: Gainers and Losers on Sensex
The Indian stock market indices, Sensex and Nifty, are off to a mixed start on Monday, with the Sensex trading marginally down. At 12 pm IST, the Sensex was down 119.23 points, or 0.16%, at 72,524.20, while the Nifty was down 38.10 points, or 0.17%, at 21,985.25.
In the latest market update, top drags on the Sensex include Titan, Asian Paints, Nestle India, Infosys, and HUL. On the other hand, the top gainers on the Sensex are Tata Steel, Mahindra & Mahindra, JSW Steel, Tata Motors, and Axis Bank.
Investors are closely monitoring the market movements, with mixed signals from global peers influencing the trading sentiment. The technical outlook provided by ICICI Securities suggests that the index may undergo consolidation in the 21,700-22,400 zone with a positive bias. This consolidation phase could set the stage for the next leg of an upward move, with a target of 22,700 expected in April 2024.
Additionally, positional future recommendations have been provided for specific stocks, such as Eicher Motors and HDFC Life Insurance, based on technical analysis and market trends.
Overall, the market is experiencing fluctuations, and investors are advised to stay informed about the latest developments to make well-informed decisions. Stay tuned for more updates on the Sensex and Nifty as the trading day progresses.
