Nifty today: Pre-market action: Here’s the trade setup for today’s session

Indian equity markets ended mixed on Thursday after opening lower, supported by a pre-Budget rally and optimism around the India–European Union free trade agreement. Analysts say markets are expected to remain rangebound, with stock-specific action likely to dominate in the run-up to the Budget.

STATE OF THE MARKETS

• Tech View: The immediate resistance is placed at the 100-DMA near 25,600, and a decisive breakout above this level would confirm a short-term bottom.
• India VIX: India VIX, which is a measure of the fear in the markets, fell 1.1% to settle at 13.37 levels.

Stocks in F&O ban today

NIL

Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.

FII/DII action
Foreign portfolio investors net sold shares worth Rs 394 crore on Thursday. DIIs, meanwhile, were net buyers at Rs 2,639 crore.
Rupee
The rupee settled at its all-time closing low at 91.99 against the US dollar, amid selling pressure from foreign funds and risk-off sentiment in global markets.
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