Markets witnessed a sharp bout of volatility in the final hour of trade on Friday, with benchmark indices erasing most of their intraday gains amid heavy institutional selling. Technically, the sharp fall in the Nifty has weakened the near-term structure, with the index once again inching toward its recent swing low near the 23,250 level. Furthermore, analysts say lingering geopolitical tensions continue to cap the upside on every recovery attempt.
In today's trade, shares of IndiGo, Suzlon Energy, Patanjali Foods, PB Fintech, Vedanta among others will be in focus due to various news developments.