Markets witnessed a sharp risk-off session on Monday, with benchmark indices ending lower amid weak global cues and renewed geopolitical concerns. Technically, the Nifty has moved closer to the lower band of its declining channel near 23,000. While the index managed to defend this level on a closing basis, analysts say the overall trend remains weak and vulnerable to further downside toward the 22,500–22,800 zone if support is decisively breached.
In today's trade, shares of Bharti Airtel, Vodafone Idea, NLC India, Motilal Oswal, HCL Tech, among others, will be in focus due to various news developments.