Tushar Mahajan, Head of Listed Futures & Options - India at Nomura Financial Advisory & Securities expects 8200-8230 to be a strong resistance for the 50-share Nifty.
The Nikkei share average dropped 364.04 points to end at 14,936.51, the lowest closing level since Aug. 8.
In an interview to CNBC-TV18, Sanju Verma of Violet Arch Capital spoke about the overall market
It is near its 200-day moving average - after a volatile year that has seen the benchmark fall to as low as 5,477.2 in April
Bank Nifty is still below the 200-day moving average, says Jain. Though private banks such as ICICI Bank, HDFC Bank, Axis Bank, Yes Bank, IndusInd Bank are showing some signs of recovery
Market overcomes a midday dip to close strong- the Nifty above its 200-day moving average at 5230, riding on bullish signals from global markets, says Udayan Mukherjee, managing editor, CNBC-TV18
Amit Gupta of ICICI Direct joins CNBC-TV18 to discuss the scene at the futures and options market today.