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GIFT Nifty Signals Cautious Start for Indian Markets
GIFT Nifty trades slightly lower, signaling a cautious market open with traders watching RBI cues and resistance around key index levels.
Indian equities are set for a muted start as GIFT Nifty trades 20 points lower at 26,193. Sentiment remains steady with domestic institutional flows balancing persistent FII selling. Broader optimism continues due to strong GDP data and expectations around the upcoming RBI policy review. While global cues remain mixed, traders are watching index resistance near 26,325 and near term volatility profiles ahead of macro announcements.