Stock Market Today, March 18 -- Markets saw some respite on Monday as the benchmark Nifty-50 index ended at 22,508.75 with gains of 05%. Bank Nifty at 48,354.15 also was up 0.61%, while metals, Auto and Pharma sectors were other key gainers, though FMCG and realty ended lower. Broader indices, too, gained 0.5%.

To regain bullish momentum, Nifty must overcome the resistance level at 22700 in the coming days, aiming for an immediate target of 23000. On the downside, the support level remains around 22245-22300. If it falls below 22245, it could challenge the swing low support of 21964, said Devarsh Vakil, Head of Prime Research, HDFC Securities

The Nifty Bank index has displayed a pattern of alternating gains and losses, making intraday c...