Markets have been in a 9-days rally in a row! They have been in green on all days of April hence. From March 29 to April 13th, Sensex skyrocketed by over 2,817 points or 4.9%. While Nifty 50 jumped by over 876 points or 5.2%.
Nifty futures on the Singapore Exchange traded 22 points, or 0.12 per cent, lower at 17,857.50, hinting at a negative start for the domestic market on Thursday.
Day trading guide for today: Stock market experts have recommended six stocks to buy today Wipro, HCL Tech, Tata Steel, Apollo Hospitals, IndusInd Bank and Bharti Airtel
For Wednesday, Ganesh Dongre, Senior Manager - Technical Research at Anand Rathi expects Nifty to find support at 17300/17350 with resistance between 18050/18100. While the Bank Nifty index is seen to have support in the range of 40300/40500 with resistance at 41500/41600.