“Indian markets are likely to maintain a cautiously positive bias in the short term, supported by the conclusion of Fed rate hikes, moderating Treasury yields, Brent crude off its highs, and strong domestic liquidity. If Brent crude remains below $96, a sustained uptrend in the Indian market is possible, with Nifty support at 23,000–23,100 and potential recovery towards 23,550.”

ETMarkets Analysis’s track record (trackable calls only): 5 graded calls · 95% CI 0–43%