Stock Market LIVE Updates, Sensex Today: Markets Likely To Open In Red As Oil Prices Rise

Stock Market LIVE Updates, Sensex Today: Markets Likely To Open In Red As Oil Prices Rise

Crypto Update By Riya Sehgal Riya Sehgal, Research Analyst, Delta Exchange Crypto markets pulled back over the past 24 hours as stronger U.S. business activity pushed Treasury yields and the dollar higher. Bitcoin retreated toward $84,300, while Ether traded near $2,686. The decline was amplified by approximately $280 million in Bitcoin long liquidations over four hours. U.S.-Iran developments added to the pressure. On Wednesday, Iran's president rejected surrender to U.S. pressure while keeping diplomacy open. Tehran was reviewing Washington's response to its peace proposal, but differences over the naval blockade and reopening Hormuz remained unresolved. Brent rose nearly 4% to $103.08, reinforcing inflation concerns. Institutional demand remained supportive, with U.S. spot Bitcoin ETFs attracting approximately $1.71 billion across September 21-22. However, short-term momentum has weakened, and the latest bounce has yet to confirm a sustained recovery. Technically, the market is stabilizing, but a sustained recovery remains unconfirmed. Two-hour RSI readings near 43 indicate weak momentum. Bitcoin's immediate support lies at $83,500-$84,000, followed by $82,000, with resistance at $85,000-$86,000. Ether needs to reclaim $2,700-$2,725, while $2,630-$2,650 remains nearby support. Markets now face two diplomatic tests: progress on U.S.-Iran negotiations and the Trump-Xi meeting. Constructive outcomes could support sentiment, while renewed tensions would compound pressure from elevated yields and energy prices. Crypto Update By Avinash Shekhar Avinash Shekhar, Co-Founder & CEO, Pi42"Bitcoin is currently navigating an unusual divergence between macro conditions and actual capital flows. Expectations of another 25 basis point rate hike have increased, while the 10 year Treasury yield has climbed to its highest level since 2007. Yet spot Bitcoin ETFs have attracted $714.8 million in net inflows. That tells us something important: institutional demand is not simply following the macro narrative. Investors are continuing to allocate to Bitcoin even as traditional market yields become more attractive.This makes the $83,000 to $84,000 zone particularly important. Bitcoin recently failed to sustain its move above $87,000, but the continued ETF inflows suggest that the pullback is being met with meaningful demand. If Bitcoin can build a stable base around current levels, the next move could be driven less by momentum and more by whether institutional buying continues to absorb supply.The divergence across major assets is also worth watching. Ethereum is holding around the $2,600 to $2,700 range, while XRP and Dogecoin have seen greater selling pressure. This indicates that capital is currently being allocated more selectively, with Bitcoin attracting stronger structural demand while the broader market waits for a clearer catalyst.The $100,000 level remains an important psychological milestone, but the more meaningful signal will be the behaviour of capital between now and then. If Bitcoin continues to attract substantial ETF inflows despite elevated yields and changing rate expectations, it would demonstrate that institutional demand is becoming an increasingly independent driver of the market. That shift could be more significant for Bitcoin's next phase than any single short term price target." Stock Market News: Expert View Vaishali Patel, Senior Manager - Research- Technical Department at JainamNifty closed at 23,446.80, gaining 0.50%, but the broader structure remains cautious as the index continues to trade below its key moving averages. US markets ended mixed overnight, with the Nasdaq trading to a fresh record close, while the S&P 500 was almost flat and the Dow declined. Asian markets are trading mostly higher, supported by continued strength in technology and semiconductor stocks, while easing crude prices are also improving sentiment. Crude oil is likely to remain volatile, trading around the 8,825, but may take cues from the recent decline in international crude prices and developments in the Middle East. GIFT Nifty is trading lower around 23,255, down about 190 points, indicating a negative start for Indian equities. Technically, the index has formed an Inside Bar candle, trading within the previous day's high-low range, indicating an absence of clear strength from either side. The immediate resistance is placed around 23,500-23,600, and a decisive breakout above 23,600 could strengthen the recovery towards 23,800. On the downside, 23,300-23,200 remains the immediate support zone, followed by the crucial 23,100-23,000 area. A breakout above the Inside Bar high could trigger further buying, while a break below its low may revive selling pressure. Overall, the near-term outlook remains range-bound to cautious, with the 23,300-23,600 zone likely to determine the next directional move. Stock Market Live: Expert View Hemang Gor, Senior Research Analyst - Derivatives and Technical Research, Axis DirectThe Nifty 50 advanced 117.80 points ( 0.50%) successfully decoupling from the overnight US weakness, as crude briefly slipped below $100 on hopes of US-Iran diplomacy. The domestic rally was spearheaded by the Metal and FMCG sectors, which witnessed robust demand on signs of strengthening economic momentum. Wall Street sold off as bond yields climbed to multi-decade highs, with the Nasdaq down 1.13%, the S&P 500 lower by 0.75% and the Dow shedding 0.68%.In Asia, Japan's Nikkei reopened after the Silver Week break and trades 1.8% higher, while Korea remains shut for Chuseok until Monday. Crude remains the key variable for India: Brent spiked above $103 after Saudi Arabia suspended Yanbu loadings, reviving supply concerns just as the domestic market found its footing. Gold eased to $4,300/oz.GIFT Nifty is at 23,250 down by about 180 odd points (0.78%). Offshore early-morning indicators point toward a highly cautious and a negative gap-down opening for Thursday's session, as markets must now digest the full magnitude of the US 10-year Treasury yield crossing 5.10%. Technically, the undertone remains cautiously bearish as long as the index trades below 23,500. Immediate support lies at 23,100-23,000; a decisive break would expose 22,800. Crypto Update By Harish Vatnani Harish Vatnani, Head of Trade, Zebpay"Bitcoin's rally continues to hold up, with the asset now nearly 50% above its June low and up more than 10% over the past week. One of the stronger signals behind the move is the amount of BTC that remains dormant - around 81% of the circulating supply has not moved in at least six months. Long-term holders have also accumulated more than 3 million BTC since 2020, despite significant selling from some early holders. Momentum remains positive, although it has cooled slightly. Bitcoin's daily RSI is at 65.31, still above the 50 mark that indicates gains are outweighing losses, but below the 70 level reached earlier in the rally. This suggests momentum remains strong without yet showing the same level of overheating. Ethereum, meanwhile, has seen some profit-taking after failing to sustain its move toward $2,800. ETH slipped below $2,700 on September 23, with the $2,648 intraday low coming into focus. The pullback came despite strong ETF demand, with US spot Ethereum ETFs attracting $270 million on September 21 and another $162.2 million on September 22, taking two-day inflows to $432.2 million. The broader macro backdrop remains important as well. The Federal Reserve raised its target rate by 25 basis points to 3.75%-4.00% on September 16. While the rate decision preceded Ethereum's latest rally, there is no clear evidence linking it directly to the September 23 pullback. Overall, Bitcoin's strength is still being supported by tight long-term supply and sustained accumulation, while Ethereum is showing that strong ETF demand has not completely insulated it from short-term selling. The key question now is whether continued institutional flows can absorb profit-taking and keep the broader crypto rally intact." Crypto Update By Nischal Shetty Nischal Shetty, Founder, WazirX"Crypto markets are facing a mildly cautious macro backdrop as weakness across US equities points to softer risk appetite. The Nasdaq fell 1.13%, while the S&P 500 and Dow declined 0.75% and 0.68%, respectively. Gold edged higher as investors sought defensive assets, while lower oil prices offered some relief from inflation concerns. For crypto, these conditions may keep Bitcoin range-bound and place greater pressure on altcoins, which are typically more sensitive to shifts in liquidity and risk sentiment. Bitcoin has pulled back to around $84,425 after facing resistance near $87,000. The immediate pressure is largely macro-driven as US Treasury yields have climbed above 5%, making bonds more attractive and reducing risk appetite across equities and crypto. Geopolitical uncertainty in the Middle East is also keeping investors cautious.Despite this short-term volatility, institutional demand remains encouraging. US spot Bitcoin ETFs recently recorded nearly $1 billion in daily net inflows, suggesting that larger investors continue to accumulate. For now, $83,520 is the key support level to watch, followed by $81,000. A sustained move above $87,000 could restore positive momentum. Markets may remain sensitive to bond yields, inflation expectations and geopolitical developments.Among altcoins, XRP is consolidating just below the psychologically important $1.50 level after its weekly surge. A decisive close above $1.50 - $1.52 could open the way toward $1.58 - $1.60. If momentum weakens, $1.45 - $1.47 is the first area to watch. Losing it could produce a deeper retracement toward $1.40.SOL is holding close to $115 following a nearly 16% weekly rally. The first resistance zone sits around $116 - $118, with $120 acting as the more important breakout level. Support is likely around $112 - $113, followed by the stronger $108 - $110 area. Holding above $110 would keep the broader weekly recovery intact." Why Rural India Struggles To Get Home Loans Despite Rising Demand Digital verification, better data analysis and technology-led credit assessment can make the lending process faster and reduce paperwork. Read full report here Stock Market News: Check Total Market Cap Of All BSE Sensex Companies At the close on Wednesday, the total market cap of all BSE Sensex companies stood at Rs 4,83,54,454.

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