Stock Market Today, March 6 -- Markets saw a strong relief rally on Wednesday as Nifty-50 index at 22,337.30 ended 1.15% up. The Bank Nifty Bank Nifty at 48,489.95 ended 0.51 higher while most other sectors, led by Auto, IT, Metals, and FMCG, also saw sharp gains. Broader Markets also saw 2-3% gains.

The Nifty managed to close above its 5-day EMA for the first time since February 6, 2025, potentially signaling a reversal of short term trend. Resistances for the Index are seen at 22500 and 22700. On the downside, 22173 and 22000 could offer support in the Nifty, said Devarsh Vakil, Head of Prime Research, HDFC Securities

For Bank Nifty A decisive breakout above 48700 could lead to a further rally towards 48,900-49,000. The support remain...