Markets remained under pressure on Monday, with benchmark indices losing over half a percent amid weak global cues. Technically, indications continue to point toward further pressure in the Nifty, with immediate support placed in the 23,150–23,250 zone. Analysts say a decisive breach below this range could trigger a fresh leg of decline. On the upside, the 23,600–23,800 zone is likely to act as a strong resistance area in the event of any rebound.
In today's trade, shares of Ola Electric, Eicher Motors, Axis Bank, Anant Raj, Wipro among others will be in focus due to various news developments.
