Sensex Today | Stock Market LIVE Updates: Nifty slumps below 25,600; Hero, Tata Consumer among losers

Sensex Today | Stock Market LIVE Updates: The Nifty and Sensex opened on a cautious note, with large trade deals making waves. SU banking stocks, along with Pharma stocks have started the day ona positive note.Sensex Today | Stock Market LIVE Updates: The markets have started the day on a cautious note, with a tinge of volatility. The Nifty is currently down about 20 points, hovering below the 25,650 mark, over 700 points away from its all-time high. The Sensex also started the day on a similar note. The Nifty Bank, however, started the day at the record high figure of 57,529.95.The shares of JB Chemicals, Torrent Pharma, and Jyoti CNC were in focus after large trade.In addition, the PSU banking stocks, along with pharma stocks, have started the day on a positive note.Alembic Pharma shares surged by over 11% due to US FDA approval for an injectable drug.As the trade progresses, some of the aspects in focus will be the NSE indices rebalancing, which will take place later in the session. Stocks like ICICI Bank and HDFC Bank (which closed at a record high), will see inflows.Today is also the final day of HDB Financial Services’ IPO, which was fully subscribed on the second day of bidding. Watch for any potential block deals with the trading window closure in two days.Watch this space for all the Live updates.

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