A close below Rs 1,100 could take the stock towards Rs 1,050-1,035. On the flip side, as long as it is trading above Rs 1,100, the uptrend texture is intact. Above the same, it could move up to Rs 1,200-1,225 levels.
A 25 bps rate cut seen in April on cooling inflation: ET Poll
Economists are predicting a possible interest rate cut by the Reserve Bank of India (RBI) in April after retail inflation fell below the central bank’s