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Q2 results: Siddarth Bhamre of Religare Broking is not in favour of an increase in trading hours be it for F&O or/and the cash segment.

There weren’t any surprises in the Governors’ statement. Sometimes no news is good news, which is why markets have reacted with a slightly positive bias, says Apurva Sheth, Head of Market Perspectives & Research at SAMCO Securities.

Dr Lal PathLabs has seen a spectacular run in this financial year, garnering over 35 percent returns for its investors, while RBL Bank has been one of the outperforming stocks in the space.

Overall, the index has still been in the range with 19,750-19,800 likely to act as a crucial resistance as breaking of the same can drive the Nifty50 towards 20,000 mark, whereas 19,500 is expected to be immediate support and 19,200 may be crucial support for the index, experts said

Glenmark Pharma was the biggest gainer not only in the Nifty500 index but also amongst F&O stocks. The stock has formed strong bullish candlestick pattern on the daily scale, with trading above all key moving averages.

Considering the present technical cues and prevailing market mood, a breach below 19,490 on the Nifty on a daily close could trigger a correction, possibly extending to 19,300.

A decisive move beyond 19,750 on the Nifty50 could potentially push the index towards 19,900. On the downside, support is established at 19,600.

Granules India closed at 10-month high and has seen a breakout of falling resistance trendline adjoining highs of December 23 last year and September 25 this year, and trading well above key moving averages.

If the prices don’t cool off soon, this could be a partial dampener for overall equity sentiment in the short term, says Rahul Baijal of HDFC AMC.

For an intermediate bullish trend to hold, Nifty has to sustain above the crucial support of 19,550.