GIFT Nifty up 10 points; here's the trading setup for today's session
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Indian equities closed with gains following positive global cues on Wednesday. Analysts expect the market to remain in consolidation mode, tracking global markets and macro-economic cues; while stock-specific action would continue on the back of sectoral STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a muted start GIFT Nifty on the NSE IX traded higher by 14 points, or 0.06 per cent, at 24,730, signaling that Dalal Street was headed for flat start on Thursday. Tech View: A bearish crossover in the momentum oscillator RSI signals weakening price momentum, suggesting limited movement in the near term. Immediate support is placed at 24,500; a break below this level could lead to further weakness. On the higher side, resistance is seen at 21,750/21,900. India VIX: India VIX, which is a measure of the fear in the markets, fell 4.9% to settle at 15.74 levels. US stocks mixed US stocks ended mixed on Wednesday, with the benchmark S...