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Indian Markets Poised for Positive Start Amid Corporate Earnings Focus

Indian Markets Poised for Positive Start Amid Corporate Earnings Focus

Author:

Global Cryptocurrency

Published:

2025-10-16 06:58:01

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BTCCSquare news:

Gift Nifty's 25,460 level signals a bullish opening for Indian equities as investors await earnings reports from Infosys, Wipro, and Jio Financial Services. Market sentiment remains supported by strong domestic liquidity and easing dollar outflows, with banking, IT, and consumption sectors expected to lead gains.

Technical indicators suggest Nifty's consolidation NEAR upper trendlines may precede a breakout. A sustained move above 25,400 could trigger a rally toward 25,650 resistance, while support holds at 25,150-25,220. Asian markets mirror this optimism, with F&O activity pointing to continued strength.

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