The Sensex is also trading on a similarly cautious note, with an uptick of 100 points, rising towards the 84,800 mark.
As for Nifty, the 50-stock index has managed to defend 25,900 on the downside, and that will be the first level to watch. 26,000 has plenty of interest from Call writers still, and crossing that may lead to a move back towards the 26,200 mark.
The Nifty Bank index is also trading with gains and is now looking to hit the 60,000 mark again. Even as the index looks ambitious, 59,500
Watch this space for all the live updates.
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