Markets witnessed another volatile session on Wednesday, with benchmark indices ending marginally higher amid mixed signals. Technically, the Nifty continues to trade below the crucial resistance zone of 23,800–24,000, indicating that the broader undertone remains cautious. However, analysts say rotational buying in select heavyweight stocks across sectors is helping limit the downside, with the index finding support in the 23,250–23,400 zone so far.
In today's trade, shares of ITC, Nykaa, Lenskart, Ola Electric, IndusInd Bank among others will be in focus due to various news developments and fourth quarter results.