Markets traded volatile on Thursday and ended almost unchanged amid favourable cues. Despite the favourable cues, analysts say the Nifty continues to face a lack of momentum on the upside due to the resistance posed by key moving averages (100 and 200 DEMA). A decisive close above 24,200 remains critical for bulls to maintain firm control and approach the 200-day EMA near the 24,500 level.
In today's trade, shares of Waaree Energies, Kotak Bank, HDFC Bank, Strides Pharma, Persistent Systems among others will be in focus due to various news developments.
