Rahul Agarwal, VP, Institutional Sales, LKP Shares, said that today stock market was performing steadily because of the absence of aggressive selling. Volumes remained on the lower side as less of institutional buying was seen today. There was broad-based buying across all the sectors, though IT sector under-performed markets. He expects volatility with a negative bias to be seen in the Tuesday`s trading session.

Bhupendra Sharma, vice president, Hornic Investments stated that today market traded decisively all through the day, as it ended the day 149 points. It was mainly because of good worldwide cues. No major buying took place today. There was careful buying and the majority of the small cap companies did well today.

Mr. Sharma anticipates stock markets to climb 200 to 300 points in the next 2 to 3 days. It is expected to touch 15,500 level by this weekend.

He also said that amongst large caps, IDBI, Reliance Industries and among mid-caps Redington, NecLife, Videocon Appliances, Lyka Labs and W S industries are expected to trade in a well-behaved manner.