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The BSE Sensex and NSE Nifty stayed lower for the second consecutive session on Wednesday due to Greece concerns. To know more about today's market analysis and tomorrow's nifty trend Visit nifty-intraday-tips.com

Indian shares are expected to trade lower on Wednesday following weak Asian markets following reports that China has ruled out any broader stimulus to boost its economy and Spain rating has been downgraded. 4940 is an important level to watch out for the Nifty.

Mustard seed futures are likely to be supportive in the near term on the account of receding stocks in domestic market against strong millers demand.

The markets opened in the negative territory today. At present, both the indices are trading very flat with the Sensex down 11 points at 15959 and Nifty down by 3 points at 4775. Banking stocks were under selling pressure, falling nearly 0.5 per cent. Auto and FMCG stocks also traded lower.

We are familiar with basic terminologies such as the bull market, bear market, and correction. In simple terms, a "bull market" is when the market moves higher and a "bear market" is when the market moves lower. However, one needs to understand that a new follow-through day and short-term uptrend do not necessarily signal a bull market. Similarly, short-term downtrend does not necessarily indicate a new bear market. These are common stock market misconceptions.

"What seems too high in price and risky to the majority usually goes higher, and what seems low and cheap usually goes lower." - William J. O'Neil