Bull market or bear market?

Markets may not sustain at higher levels after a flat/positive opening.

Stocks likely to be in limelight today?

Axis Bank, Repco Home, NBCC and Tata Motors

Sectors likely to impact market today?

IT services, Private Banks and select PSU stocks could be positive, while poor corporate governance companies could continue to underperform.

Your mid-term view?

Markets may not perform till Nifty level of 10985 is breached. If this level is not breached in the next two weeks, then Nifty could see the sharp down move.

What drove markets on Monday?

Positive global cues and dovish hint by the US Fed chairman on Friday.

Deepak Jasani, head retail research, HDFC Securities