Indian markets traded range-bound on Tuesday after major fall on Monday. The markets could continue in the range and higher levels could see selling pressure.

Mayur Uniquoters has witnessed decline in the recent quarters but Sharekhan analysts are confident that the company can offer 20 percent returns from the current levels.

Ashwani Gujral has given Buy call for State Bank of India with target price of Rs 345 and stop loss of Rs 330 for short term traders.

Indian market closed strong on Tuesday after two days of correction. Stock markets have ignored BJP's loss in the New Delhi elections. Markets had already factored in the results from exit polls.

Green buildings have remained a smaller part of the Indian real estate sector. The government needs to push forward in this direction for higher acceptance among real estate developers.

While the Indian government has setup green building initiatives, the acceptance among developers and home buyers has remained low.