Global cues are supportive: US stocks rallied overnight, the Nasdaq closed at a record, and Asian markets traded higher. That’s a brighter backdrop for Indian equities—but the retrieved reports don’t provide a GIFT Nifty reading.
22,800 is the marker to watch: Traders are looking for the Nifty to extend its bounce in the weekly expiry session, with bulls aiming towards 22,800. Lower oil is in focus, alongside IT and banking stocks.