Stock Market
Sensex nosedives 380 points! Market guru reveals critical buy zones as Nifty slips below 26,100
Mumbai/IBNS: The Indian stock market opened in the red on Tuesday, with the BSE Sensex slipping 380 points and the NSE Nifty falling below the 26,100 mark, according to media reports.
At the opening bell, the Sensex declined 176.60 points to 85,465.30, while the Nifty dropped 53.70 points to 26,122.05.
Key banking and metal stocks, including HDFC Bank, ICICI Bank, Eternal, Axis Bank and Tata Steel, were among the major laggards in early trade.
Market expert Anil Singhvi told Zee Business that the Nifty 50 is expected to find support in the 26,035–26,135 range, with a strong buy zone between 25,850 and 26,000 for December 2.
For the Nifty Bank index, Singhvi projected support at 59,350–59,525 and a strong buy zone at 59,050–59,250. He also highlighted a higher zone at 59,900–60,100 and a “blue-sky” zone above 60,150, indicating potential upside momentum.
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