Stock market recap, June 3 -- Trends struggled to hold gains as pressure built at higher levels. However, a key positive was the repeated intraday declines being quickly absorbed, with the index recovering each time to retain gains.

The key question now is whether 23,400 will act as a pivot level as the market enters the new series.

Indian equity markets ended Tuesday's session on a positive note, with the Nifty 50 rising 100.95 points, or 0.43%, to close at 23,483.55. The index saw intraday volatility, slipping to a low of 23,229.15, before late-session buying helped it recover much of the earlier losses.

VIJAYA (current market price Rs.1317)

On 2 June, Indian benchmark indices staged a volatile recovery, with the Nifty 50 closing co...