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The Economic Times
The Economic Times
Business
Akash Podishetti

D-Street poised for positive start as GIFT Nifty signals gains

Indian equity markets ended lower on Thursday as domestic headwinds outweighed supportive global cues, with broad-based selling across key sectors offsetting the relief from softer crude oil prices and easing concerns over the Strait of Hormuz. On the upside, analysts say the 24,300–24,400 zone remains a crucial resistance band for Nifty, which continues to cap recovery attempts. A sustained breakout and close above 24,400 would be required to improve the technical structure and revive the upward momentum towards higher levels.

STATE OF THE MARKETS

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