Nifty 50 Signals Soft Open: Down 0.21% in Pre-Market Trading

As Indian markets gear up for Thursday's session, the Nifty 50 index showed early weakness, trading 0.21% lower in pre-open deals. Nifty futures mirrored the sentiment with a modest 0.09% decline, pointing to a potentially range-bound open. Investors appear digesting yesterday's RBI liquidity data and mixed global signals from Wall Street and Asia.

This pre-market softness comes after the index's resilient run, with key sectors like IT and banking likely to dictate early direction amid no major domestic triggers.

Key Highlights:

Nifty 50 Pre-Open: Down 0.21% (.NSEI).

Nifty Futures: -0.09% (NIFcl).

Market Context: Profit booking post-RBI data; global caution prevails.

Support Levels: Nifty eyes 24,200; resistance at 24,500.

Sector Watch: Banking, IT under scanner for opening moves.

Source:  NSE; Reuters