Indian markets may consolidate on Tuesday following mixed global cues. The Sensex gained over 300 points with Nifty50 closing just below 18600 levels. India VIX rose 3.34% from 11.90 to 12.29 on Monday, indicating some consolidation in record-high index levels amid the start of the new series. Options data reveals a potential trading range of 18300 to 18800 zones, with minor call writing seen at 18700 to 18800 strikes, and put writing at 18400 to 18300 strikes. Several experts recommend short-term trades in select companies.
Mazagon Dock Q3 Results: Cons PAT jumps 29% YoY to Rs 807 crore; revenue up 33%
Mazagon Dock Q3 Results: Revenue from operations surged 33% YoY to Rs 3,144 crore in the reviewed quarter, up from Rs 2,362 crore a year