GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session

Equity markets closed with minor losses on Wednesday amid global concerns. Analysts noted that buying at lower levels shows the resilience of domestic equities. Nifty is expected to consolidate with intermittent volatility, focusing on defensive sectors like FMCG and Pharma. Oil prices are stabilizing after a decline, and the rupee breached the crucial 84-mark.