Markets witnessed a strong rebound on Friday, with benchmark indices gaining nearly a percent amid supportive global cues and encouraging earnings from the IT pack. Technically, analysts say the Nifty has rebounded sharply after defending the 23,800 support zone and has once again reclaimed the 100 DEMA mark around 24150, indicating renewed buying interest at lower levels. A sustained move above the 24,150 zone could pave the way for an extension towards the 24,400–24,600 region.
In today's trade, shares of DMart, HCL Tech, ICICI Pru AMC, Dr Reddy’s, NTPC, IndiGo among others will be in focus due to various news developments and first quarter results.