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NIFTY

* NIFTY exhibited high volatility on the monthly expiry day.

* Sectoral performance remained mixed, with realty, energy, and pharma outperforming, while IT, media, and auto lagged.

* Nifty attempted to regain the previous consolidation range, immediate resistance at 23300.

* In this environment, traders should emphasize selective stock picking and robust risk management

BANK NIFTY

* The Banking index continued to trade under volatility but under pre-set range.

* The index has a brother consolidating range between 48000-49700; breaking on either side could dictate the trend.

* The upcoming budget session on 1st Fed might act as a key trigger for the index to adapt the trend going forward.

* Traders are recommended to maintain positions on both sides and focus on strict risk management

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