GIFT Nifty signals a negative start for D-Street. Here's the trading setup for today's session
Sensex rising above 85,000 and Nifty breaking 26,000 on Tuesday. Nifty made a new all-time high for the fifth consecutive session amid continued buying in index heavyweights.
«Nifty crossed 1000 points in 38 trading sessions supported by positive domestic cues, healthy FIIs, and the start of the rate cut cycle by the US Fed. We expect the ongoing momentum to continue in the market with sectorial rotation. Investors would watch out for US Consumer Confidence data,» 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
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