Markets witnessed a strong rebound on Monday, supported by favourable global cues and easing geopolitical concerns. On the technical front, analysts say the Nifty has finally surpassed the key hurdle at the 24,000 mark and may gradually inch toward the 24,400-24,600 zone in the near term. Meanwhile, the earlier resistance zone around 23,800 is likely to act as immediate support in the event of any dip.
In today's trade, shares of Premier Energies, Suzlon Energy, Paytm, Hindalco, ONGC among others will be in focus due to various news developments and fourth quarter results.
