Markets may start with steady gains in early Tuesday trades as gains in the overnight US markets and positive trend in other Asian indices is likely to aid sentiment. The 2-biggest positive catalyst fuelling optimism are Chinese stimulus signals and higher probability of a soft landing of the US economy. Auto stocks will be in radar as July sales numbers will be announced today, while investors will also eye the Manufacturing PMI data for July to be released later in the day. Technically, the confirmation of strength can only be seen if Nifty closes above the 19887 mark. On the other hand, Bank Nifty’s biggest inter week hurdle is seen at 46370 mark.

 


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