Zee Business Managing Editor Anil Singhvi expects support for the Nifty50 benchmark at 16,925-17,000 levels on Friday, March 17. He sees a strong buy zone coming in at 16,750-16,850 levels. For the Nifty Bank — whose 12 constituents include HDFC Bank, SBI, Bank of Baroda and Axis Bank, he sees support emerging at 38,950-39,050 levels, and a strong buy zone in the 38,450-38,625 area. 

Here's how Anil Singhvi sums up the market setup on March 17: 

  • Global: Positive
  • FII: Negative
  • DII: Positive
  • F&O: Neutral
  • Sentiment: Neutral
  • Trend: Negative

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