Banking, IT, NBFC stocks to impact market today

Bull Bull market or bear market?

Major trend is positive and a hold above 11400 zone could extend Nifty's move towards 11500, then 11600 zone, while immediate support is seen at 11350-11333 zone.

Stocks likely to be in limelight?

Mindtree, NIIT Tech, TCS, Tata Elxsi, HCL Tech, Infosys, DHFL, Amara Raja Batteries, CEAT, Sun Pharma, Lupin.

Sectors likely to impact market?

Banking, IT and NBFC (non-banking financial companies) stocks.

Your mid-term view?

Till Nifty holds above 11171 zone, it has the potential to move towards a new life-time high territory of 11700 zone.

What drove markets on Tuesday?

Banking, Pharma and IT stocks.

Chandan Taparia, derivatives & technical analyst, MOSL