Stock Market Today Live Updates: After touching all-time highs on Monday, equity benchmarks Sensex and Nifty touched fresh records on Tuesday with Sensex crossing 75,000 mark for the first time.
"Nifty is anticipated to undergo further consolidation in the upcoming sessions, encountering resistance around the 22,700-22,800 levels should it achieve a robust close above 22,600. Conversely, support is expected around the 22,400-22,300 range," said Arvinder Singh Nanda, Senior Vice President of Master Capital.
Iron ore, a key steelmaking ingredient, will be the first commodity for which positions will be disclosed by SGX, along with or followed by rubber and freight.
"Overall we expect the market to trade in range with positive bias. Globally investors would watch out for US & Europe Consumer Confidence Data," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.