Markets witnessed a volatile session on Monday, with benchmark indices ending almost unchanged amid weak global cues and persistent macroeconomic concerns. Technically, analysts say the Nifty appears to be forming another consolidation range following the earlier breakdown, with the upside capped in the 23,800-24,000 zone and support placed around the 23,150-23,300 region. While signals from key sectors such as banking and IT remain mixed, they continue to recommend a stock-specific approach.
In today's trade, shares of JSW Steel, ZEE, Adani Enterprises, Vodafone Idea, Eicher Motors among others will be in focus due to various news developments and fourth quarter results.
