Sensex Today | Stock Market LIVE updates: GIFT Nifty indicates start in red for indices; Max Fin, Gravita India in focus

Stock Market LIVE Updates: Every upmove on the Nifty is getting sold into. That has been the texture of this market for most parts of the last two weeks. Thursday was no different. Adding to that is the return of oil at $100 a barrel, despite the US allowing temporary purchase of Russian oil already at sea. Reversing the sell-on-rallies template will be the first priority for the Nifty bulls. For the Nifty, which has already entered a "technical correction," Thursday's panic low of 23,556 becomes the first important level to watch on the downside, Watch this space for all the LIVE Updates.

Stock Market LIVE Updates: Every upmove on the Nifty is getting sold into. That has been the texture of this market for most parts of the last two weeks. Thursday was no different. Adding to that is the return of oil at $100 a barrel, despite the US allowing temporary purchase of Russian oil already at sea. Reversing the sell-on-rallies template will be the first priority for the Nifty bulls. For the Nifty, which has already entered a "technical correction," Thursday's panic low of 23,556 becomes the first important level to watch on the downside, while on the upside, 23,800 and 24,000 emerge as potential supply zones. The Nifty Bank has been an index of concern as it has corrected nearly 7,000 points from its record high levels. Oil sensitives will continue to remain in the spotlight, while other names like BSE, Balaji Amines, Max Financial Services, will also be in focus. Watch this space for all the LIVE stock market updates.