GIFT Nifty up 40 points; here's the trading setup for today's session
«We maintain our sell on rise stance for the index and emphasize the importance of robust risk management, particularly in broader market segments like midcaps and small caps, while awaiting clearer signals,» said Ajit Mishra – SVP, Research, Religare Broking.
Here's breaking down the pre-market actions:
STATE OF THE MARKETS
GIFT Nifty (Earlier SGX Nifty) signals a positive start
GIFT Nifty on the NSE IX traded higher by 36 points, or 0.16 per cent, at 23,028.50, signaling that Dalal Street was headed for positive start on Wednesday.
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