GOOD MORNING PRE MARKET REPORT Benchmark indices rebounded amidst heightened volatility on Wednesday following better-than-expected results from a major private bank. Analysts say the talk that the US is considering lower tariffs on China may provide temporary relief for markets, but underlying concerns persist. GIFT Nifty on the NSE IX traded lower by 32 points, or 0.14 per cent, at 23,142, signaling that Dalal Street was headed for negative start on Thursday. • Tech View: On the upside, immediate resistance is now seen at 23,300, with a breakout above this level likely paving the way for targets of 23,600 and 23,800 • India VIX: India VIX, which is a measure of the fear in the markets, fell 1.66% to settle at 16.77 levels Dollar up The dollar steadied against major peers on Thursday, continuing its near paralysis of the past two days before more concrete announcements on tariffs from U.S. President Donald Trump. FII/DII action Foreign portfolio investors turned net sellers at Rs 4,026 crore on Wednesday. DIIs bought shares worth Rs 3,640 crore. Rupee The rupee appreciated 25 paise to close at 86.33 against the US dollar on Wednesday, supported by positive domestic equities and soft US dollar index.