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Below the Quote on Nifty is trying to hold to its key support zone by Stoxkart - a discount broker

Indian benchmarks opened in the green taking cues from global markets after the Federal Reserve's latest policy meeting minutes raised expectations for potential rate cuts in the U.S. However, as trading progress later in a day, the markets showed a mixed picture: The Sensex remains positive while the Nifty index struggles to maintain its ground, settling into flat territory. The Nifty Bank has risen over 1%, driven by strong performances from HDFC Bank, Kotak Mahindra, and Axis Bank.

Indian markets have experienced losses in seven of the last eight sessions, primarily driven by worries over rising tensions in the Middle East and foreign fund outflows. Investors are closely monitoring the upcoming U.S. consumer price index data, as well as earnings reports from Indian companies, beginning with TCS.

Technically, the Nifty is trying to hold onto its key support zone, with potential consolidation expected in the coming sessions. A decisive move above 25,100 could trigger short covering and push the index towards 25,300 level in the short term

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