Bank, IT & NBFC stocks likely to take centerstage today

Bull market or bear market?

The major trend is positive and a hold above 11050-11080 zones could extend its move towards a lifetime high of 11171 then 11250 zones while immediate support is seen at 11000 zones.

Stocks likely to be in limelight today?

Cement stocks, M&M, Maruti, Arvind, Infosys, NIIT Tech, LIC Housing Finance, Voltas

Sectors likely to impact market today?

Bank, IT and NBFC stocks will be in focus

Your mid-term view?

Till it holds above 10929 zones index has potential to move towards new lifetime high territory of 11250-11300 zones.

What drove markets on Tuesday?

Banking, NBFC, Cement, Metals stocks contributed most to the indices

Chandan Taparia, AVP, Motilal Oswal Securities