The Nifty Auto index was trading 0.42 per cent up at 12923.1.

The Nifty Bank index was trading 0.25 per cent up at 43740.9.

Eicher Motors, M&M, Tata Consumer, Hero MotoCorp and HUL were among the top losers on NSE in today's trade.

The Nifty Auto index closed 1.1 per cent down at 13046.35.

The Nifty IT index closed 0.22 per cent down at 31052.1.

“We suggest gradual utilisation of cash in equity portfolios (over 6 months or so) by deploying in broader markets through actively managed mid and smallcap-oriented strategies,” said Yogesh Kalwani - head, investments and family office at InCred Wealth in a report.

The markets will continue to track the direction of the global markets, the dollar index, US bond yields, and crude oil prices, while on the domestic front, Q2 earnings will be key.

This is follow-up on Ramky Infrastructure. Can check link to related ideas. Target 1 achieved. Gain of more than 17%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.

This is follow-up on Ramky Infrastructure. Can check link to related ideas. Target 1 achieved. Gain of more than 17%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.

Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. This is pure technical view. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.

Nirali Shah of Samco Securities said the index has established short-term support at 15,500 level, and a breach of this level will raise the red flag to the ongoing uptrend.

Top 10 companies which saw a double-digit rise in promoter pledge in Q1 include names like Jindal Steel, Kesoram Industries, Orient Electric, IndusInd Bank, Bharat Wire etc.