Outlook Of Nifty/bank nifty today
Equity benchmarks as well as broader markets closed moderately lower amid consolidation on Tuesday as investors remained sideways in the absence of any significant trigger at global and domestic front. However, D-Mart hogged the limelight, rising more than 114 percent on listing day.
Bank Nifty Outlook :
In a scenario where liquidity is good but there is a bit of uncertainty on interest rates and on how the rupee is likely to behave, the market could trade in a band of 8600 on the downside and 9600-9800 on the higher side in the next 3-6 months.