The Nifty continues to face hurdles at the 26,200 mark, snapping a three-day winning streak in the process on Wednesday, ending at the lows of the day.
However, key support levels remain intact, with the index still managing a higher high and a higher low on the charts, despite the last hour's fall. 26,100-26,150 continues to remain a support zone for the index, even as it struggles to cross the 26,200 - 26,250 range to make a move towards the recent record high of 26,325.
Broader market breadth also turned adverse on Wednesday, with more stocks declining compared to the gainers. 59,500 remains a barrier for the Nifty bank as well, even as it looks to protect 59,000 on the downside.
In today's session, keep an eye on seven names whose lock-in ends, along with IndusInd Bank, Vikran Engineering, Castrol India, and Strides Pharma, among others.
Watch this space for all the Live updates.
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