Gift Nifty is trading at 24,172.00 (+0.53%), indicating a firm positive start for Indian equities with Nifty likely to open above the 24,150 zone.
Nifty closed at 24,102.90 and continues to trade above its 20 DMA, 34 DMA, 50 DMA and 89 DMA, indicating that short-term momentum remains firmly positive.
Bank Nifty closed at 57,935.60 and continues to trade comfortably above all major moving averages from 20 DMA to 200 DMA, indicating strong bullish undertones.
Crude Oil WTI is trading near $74.08 per barrel, up 0.30%, after stabilizing from the previous session’s weakness. The market is reacting to early progress in U.S.-Iran peace negotiations
