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Market Setup Points to Cautious Trade as Nifty 50 Faces Mixed Cues
Markets may remain cautious today as traders track Nifty 50 levels, precious metal prices, and USD-INR movement amid mixed global cues.
Indian equities are expected to trade cautiously as mixed global signals and profit booking keep sentiment restrained.Nifty 50 highlight key resistance near recent highs, while support zones remain critical for short-term direction. Gold and silver prices are also in focus amid global uncertainty,while USD-INR movement may influence foreign flows.Experts recommend a stock specific approach with strict risk management as volatility persists across asset classes.