Markets witnessed profit booking on Tuesday, declining over a percent amid weak global trend. Technically, analysts say the lack of follow-through buying in the Nifty near the 100-day EMA hurdle placed at 24,150 reaffirms the cautious undertone and expiry-related positioning. The index is now approaching a crucial support zone in the 23,750–23,650 range, which coincides with the 20-day EMA and a recent gap area.
In today's trade, shares of Vedanta, Honasa Consumer, IRCTC, Bajaj Auto, Infosys among others will be in focus due to various news developments.
