Stocks that were in focus include names like Hero MotoCorp, which was down 3.24%, Power Grid which fell 5.17%, and IDBI Bank, whose shares gained 8.5% on Tuesday.
Tech View: Nifty flashes bearish signals, immediate resistance at 23k. How to trade on Tuesday
Nifty’s short-term trend remains negative, with support at 22,700-22,650 levels (38.2% Fibonacci retracement) and resistance at 23,000, according to Nagaraj Shetti of HDFC Securities. Open