Pri Market Commentary ...

Today,we expect Indian market to extend Monday’s weakness, given the plethora of negative factors, both from local and global markets. With results season underway, any negative surprise from the corporate could add more pressure on the bulls.

For now no clear trend seen. Remaining cautious at this juncture should be the right strategy. Selective buying may take place at lower levels with 3,950 and 3,850 acting as crucial support levels for Nifty.