Markets remained under intense selling pressure on Tuesday, extending the ongoing corrective phase amid weak global cues and persistent macroeconomic concerns. On the technical front, the Nifty is now approaching the gap support zone near the 23,150 level following the breakdown from its earlier consolidation range. Meanwhile, the previous support level of 23,800 is likely to act as a strong resistance hurdle in the event of any rebound.
In today's trade, shares of Airtel, Tata Motors, Dr Reddy's, NTPC, Dixon Technologies among others will be in focus due to various news developments.
