The Indian market is expected to consolidate on Tuesday, following tepid global cues. The S&P BSE Sensex plunged over 500 points, but the Nifty50 held on to its 17700 levels on Monday. According to Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, options data suggests a trading range shift between 17400 and 18000 zones.
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