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

Domestic equities reacted positively to the US Fed's 50 bps rate cut, with Nifty reaching new highs above 25600 zones. Although profit booking occurred, the index closed with minor gains. Investors are now focusing on upcoming central bank outcomes from BOJ, BOE, and China. The market is expected to remain range-bound with a positive bias.