The Indian market is expected to trade higher on Tuesday, supported by positive global cues. Nifty futures closed lower on Monday with a 0.34% loss. Options data suggests a broader trading range of 24,100 to 25,000, with immediate support at 24,500 and resistance at 24,700. Traders can focus on short-term opportunities in selected F&O and cash market stocks.
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