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Nifty surged to a new all-time high of 23,110 before correcting slightly. With support near 22,500, its expected to trade in a range of 22,500 to 23,000. Analysts recommend a Bull Call Ladder strategy amid capped upside and potential for bounce from lower levels.

The volatility, which reached a two-year high, is likely to remain elevated until the election results, with the Nifty 50 expected to consolidate around the 23,000 mark, experts said.

The Nifty 50 is likely to be rangebound with resistance at 23,100-23,200 and support at 22,800 in the coming sessions, while volatility is expected to be elevated ahead of the Lok Sabha election results.

With the FIIs returning, there are chances now of short covering in the derivatives markets. In the previous weekly expiry, Nifty has seen a sharp short covering above the levels of 22,800 — a sort of double top. Above 22,800 levels, the directional uptrend has been confirmed for the near-term targets of 23,200.

Reliance stock faces a minor hurdle around the Rs 3,000 level, which, once surpassed, could take it to Rs 3,100 levels, says an analyst

F&O stocks to watch: Nuvama said ITC emerges as a low-beta long option within FMCG, while Hindustan Aeronautics and NMDC also appear well-positioned for potential gains of 5-8 per cent.

On the lower side, crucial support is at 2,900. The short to medium term trend will remain positive as long as the stock holds this level on a closing basis

In II’s annual ranking of Global Research Leaders, BofA Securities repeated its second-place finish, followed by Morgan Stanley and UBS.

Partnership will offer FactSet’s granular order book history and analytics in the cloud.

<p><span>FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced </span><span>its collaboration with BMLL Technologies (BMLL) to offer the company’s granular order book history and analytics in the cloud.</span></p>