1. Bull market or bear market today?

Looking at the broad-based buying, we are expecting a continuation in ongoing optimism in the market. Nifty may rally towards 11680-11700 in coming days.

2. Stocks likely to be in limelight today?

Stocks like State Bank of India (SBI), Voltas, Piramal Enterprises, BEML, Asian Paints and ITC may continue their buying momentum in coming days too.

3. Sectors likely to impact market today?

We may see buying an interest in Banking, FMCG and Midcap counters.

4. Your mid-term view?

The sharp rally of March series was supported by a good amount of long build-up in Nifty. Healthy rollover indicates that the longs got rolled to the next series, which is a positive sign for the market. We are expecting a rally towards 11850 - 11900 in coming weeks.

5. What drove markets on Thursday?

We saw a healthy market breadth on the March series derivatives expiry day. Except for marginal loss in Metal space; buying interest was seen across the street.

Jay Purohit, technical and derivatives analyst, Centrum Broking