Indian markets are set to consolidate due to muted global cues, with the BSE Sensex rising by nearly 100 points on Thursday, while the Nifty50 closed above 18,300. India VIX was down by 4.5% to 12.52 levels and has given strength to the bulls. Options data suggests a trading range of 18,000 to 18,600 zones and immediate trading range between 18,100 to 18,500 zones. Short-term traders can consider buying Bharti Airtel, PFC, and Tata Power, according to lead technical analyst Pritesh Mehta.