Indian markets opened flat but NSE Nifty witnessed strong activity during the first hour of trade. NSE Nifty touched low of 23,903 and then witnessed strong upside move to 24,065. From the higher levels, NSE Nifty witnessed a strong selling within a few minutes and was currently trading at 23,884. The day's low at the time of publication of this report is 23,826.

Important level for NSE Nifty right now is 23,970. Traders should carefully watch this level as markets above this level can turn bullish. Please note that today is expiry for BSE Sensex options and we can witness stronger moves in the market today.

DRREDDY, NTPC, Titan, Trent, Tata Consumer, Hero MotoCorp and Adani Enterprises were among major gainers in today's session.

Among major losers were Axis Bank, Tech Mahindra, UltraTech Cement, JSW Steel and ITC.