Pre-market action: Here's the trade setup for today's session
Markets reached new record highs for the third consecutive week, buoyed by positive global risk sentiment and strong domestic economic indicators. Analysts remain optimistic about the medium-term market outlook, citing firming global rate-cut expectations and India's robust growth prospects. The Nifty's ability to hold above the 21-DMA at 25,890 is seen as crucial for sustaining the uptrend.