F&O Talk | Nifty holds 100-day EMA: Breather before rally or calm before the storm? Sudeep Shah answers

Indian markets rebounded modestly as IT and banking gains offset global risks. Nifty consolidates near key averages awaiting heavyweight earnings, while Bank Nifty outperforms. Analysts see range-bound action turning directional post-results, with IT, metals and banks favored in coming sessions.