Markets plunged sharply on Wednesday and lost over half a percent amid weak global cues and rising geopolitical tensions. From a technical perspective, the sharp decline has pushed the Nifty closer around the 23,800 level, and analysts say a decisive break below this could extend the correction towards the 23,600 mark. On the upside, the previous support level of 24,000 is likely to act as an immediate resistance, followed by the 24,150 hurdle in case of a recovery.
In today's trade, shares of Swiggy, Adani Ports, IDFC First Bank, Hexaware Technologies, Sun Pharma among others will be in focus due to various news developments.
