Headline index Nifty today formed a long pin bar with higher upper shadow on the daily charts, which was largely negative. Now it has to hold above 18,281 zones, for a bounce towards 18,400 and 18,442 zones while on the downside supports exist at 18,181 and 18,081 zones, said Chandan Taparia of Motilal Oswal.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and