Stock Market Live Updates: Sensex, Nifty little changed in afternoon session, Nestle up 1.52%
The benchmark Sensex and Nifty are likely to open marginally lower on September 26 as trends in the GIFT Nifty indicate a negative start for the broader index with a loss of 47 points. The benchmark indices closed flat with a positive bias amid volatility in the previous session. The BSE Sensex was up 14.5 points at 66,024, and the Nifty50 gained 0.2 points at 19,674.5, while the Nifty Midcap 100 and Smallcap 100 indices added 0.66 percent and 0.04 percent, respectively. "The present chart pattern on the Nifty50 indicates the formation of a Doji type candle pattern at the swing lows. Normally, such Doji formations after a reasonable decline alerts for a bounce back from the lows. A sustainable positive close in the subsequent session is likely to confirm upside bounce for the market," Nagaraj Shetti, technical research analyst at HDFC Securities, said. The pivot point calculator indicates that the Nifty may be taking support at 19,619, followed by 19,588 and 19,538. On the higher side, 19,721 can be an immediate resistance, followed by 19,752 and 19,803.