
Eagle Eye Network
February 11, 2025 at 02:52 AM
*Indian Equities Pre Open Update*
Flat opening expected to be seen for Indian equities while market focus would be on global volatility.
*Global Peers Update:* Asian markets opened with mixed note while trade seen with cautious note amid the uncertainties and recent developments related to trade and tariffs. U.S. equity index futures are in marginal red zone as President signed executive orders imposing tariffs on major metal imports, while caution before key inflation data also weighed while focus would be on the testimony of Fed chairman due later in the day.
*Sectors to Watch:* Selective Financials and Consumer stocks expected to remain on focus while Metals and Auto stocks likely to remain resistive during the day.
*GIFT NIFTY Price* 23476.0 *Adjusted Change:* +17.0 Points, Percent Change: +0.07%
*Technical Levels: Nifty Near Future*
*Support*: 23310.0/23264.0
*Resistance*: 23556.0/23601.0
*Technical Levels: Bank Nifty Near Future*
*Support*: 49866.0/49701.0
*Resistance*: 50455.0/50631.0