The Indian market is expected to consolidate on Wednesday. Sensex increased, while Nifty50 closed above 18600 levels on Tuesday. India VIX was down over 2%, which gave comfort to the bulls to buy at any small declines. The options data suggests a trading range between 18400 to 18800 zones while having an immediate trading range in between 18500 to 18750 zones. Traders with a short-term horizon may consider buying Mahindra Holiday Resort, Marico, Hero MotoCorp, Aditya Birla Capital and IndusInd Bank, according to various experts.
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