Bull market or bear market today?

The market is likely to remain volatile, ahead of the F&O expiry on Thursday. The next support for the index is placed at 11260 levels. And if bears remain in control for the day, 11510 will be the levels that can be tested on the upside.

Stocks likely to be in the limelight today?

We can expect stocks like Hindustan Unilever, L&T and Zee Entertainment to be in focus tomorrow on account of their first quarter numbers and management commentary.

Sectors likely to impact market today?

Indian markets inched higher in volatile trade on Tuesday as a weaker rupee boosted IT stocks. Technically, TCS and Infosys are the stocks which are showing some signs of reversal.

Your mid-term view?

Markets are expected to be volatile in the near term on account of events, including US Fed policy meeting scheduled for July 30-31, progress of monsoon, upcoming RBI policy and the results of various companies. Though slowdown issues could drag the markets in the medium term, it offers an opportunity for long-term investors who have an investment horizon of more than three years. Also, correction in select fundamentally strong companies can be used to accumulate at this point.

Siddharth Sedani, vice-president - equity advisory, Anand Rathi Shares and Stock Brokers