Auto stocks kept up with the upbeat sentiments surrounding the sector, and they remain another focal point, but more than autos, it is the auto ancillaries that are showcasing significant outperformance.
Stocks like Subros, Automotive Stampings saw double-digit gains on Tuesday on strong volumes. For the Nifty, 25,200 - 25,300 continues to remain the resistance range, while the index continues to find support at the 25,150 mark.
The Nifty Bank, having closed above the 55,500 mark, will again aim for 55,700 and then towards 56,000. In focus today will yet again be IT after more H-1B visa norms were proposed by the Trump administration, while block deals in Akzo Nobel, deals by Swiggy and Bajaj Electricals will also keep these stocks in the spotlight.
Watch this space for all the live updates.