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Below is quote On Today’s Market report by Mr. Rahul Sharma, Co- Founder, Equity99.

Markets continue making new all-time highs with Nifty up 54 points & Sensex up 167 points driven by a rally in large-caps. Nifty Realty was the top performer followed by IT & Media. Nifty Midcaps also continue their uptrend with Nifty Midcap 100 up 118 points or 0.41%. Banks were slightly down with RBL Bank being the top gainer up 1.05%. Among the Nifty50 pack, IT dominated with Wipro, HCL Tech & Infosys being top gainers. While IOC, ONGC & Indusind Bank were among the top losers.

Participants are advised to remain cautious as the market is touching new highs daily driven by IT, Metals & Realty sectors. We advise keeping strict stop loss to positions.

Nifty at this current position has strong support at 17300 levels, if breached then the next support is placed at 17225 and 17100 levels. On the upside 17500 is a hurdle and if we get closing above 17500 then 17800 will act as resistance.

Bank Nifty on the other side which is underperforming nifty, has strong support at 36500 - 36200. Similarly on the upside 37200 will act as a hurdle, once we get closing above 37200 then another stretch is expected to take Nifty Bank at all-time high levels of 38000.

Sector to focus on tomorrow – IT, Realty, Metals, Banks, Automobiles & Pharma.

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