Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, said an analysis.
Tech View: Nifty forms hammer candle on daily chart. What traders should do on Tuesday
According to experts, the band of 22,300-22,320 may act as a resistance for Nifty while the low of 21,821, registered on Monday, would remain support