Bull market or bear market?

Favoured view is a push aiming 200 DMA (10741) and then 10775. Caution on dips below 10640.

Stocks likely to be in limelight today?

M&M, PNB, Union Bank and PVR on the positive side and Indiabulls Real Estate and JK Tyre on the negative side.

Sectors likely to impact market today?

IT sector should carry on with Tuesday's momentum while the US-Sino updates would add perspective to the late surge seen in metal stocks.

Your mid-term view?

Expect positivity to prolong while above 10640 with immediate resistance seen at 10740-10775 region. Moves aiming 10960 would be in play if 10775 is broken. On the flip side, dips below 10640 could trigger falls aiming 10480 or 10300.

What drove markets on Tuesday?

IT and PSU banks led index higher. Short covering ahead of F&O expiry also kept stocks buoyant amidst simmering trade war worries.

Anand James, chief market strategist, Geojit Financial Services