GIFT Nifty down 70 points; here's the trading setup for today's session
«Markets are facing pressure and tend to remain volatile amid uncertainty around US presidential elections slated to be held on November 5th. The second leg of Q2 results will resume in the next week post-Diwali. Market seems to have taken support at lower levels and is likely to consolidate over the next few days,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal.
Here's breaking down the pre-market actions:
STATE OF THE MARKETS
GIFT Nifty (Earlier SGX Nifty) signals a negative start
GIFT Nifty on the NSE IX traded lower by 68.50 points, or 0.28 per cent, at 24,305, signaling that Dalal Street was headed for negative start on Thursday.
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