While the Nifty has corrected from the highs, the near-term trend remains up.

Further upsides are likely once the immediate resistance of 18,378 is taken out. Weakness could emerge if the support of 18,282 is broken.

U.S. stocks finished near session lows after giving up all of their earlier gains on Monday.

Today is last day for Q2FY23 results and markets could then focus on overall sentiments vs stock specific action. Nifty could take support from 18,202-18,259 band while 18,399 could offer resistance in the near term.

Indian markets could open mildly higher, in line with largely positive Asian markets today.

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While the Nifty has corrected from the highs, the near-term trend remains up.

Further upsides are likely once the immediate resistance of 18,399 is taken out. Weakness could emerge if the support of 18,318 is broken.

U.S. stocks ended higher on Friday, with the technology-heavy Nasdaq Composite scoring its biggest weekly gain since March.

For the week, the Dow rose 4.1%, the S&P 500 gained 5.9% and the Nasdaq jumped 8.1%.

The MSCI emerging markets index jumped 5.19%, in its biggest single-day surge since March.

Nifty rose sharply on Nov 11, hitting fresh 52-week highs post the soft CPI data coming out of the US.

Nifty could now rise towards the 18,458-18,604 band in the near term while the 18,179-18,255 band could provide support.

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Weekly audio podcast summarising the happenings of the past week and forecasting the market direction in the coming week.

With the Nifty breaking out to new highs, the near-term trend remains up.

Further upsides are likely once the immediate resistance of 18,349 is taken out. Weakness could emerge if the support of 18,282 is broken.

U.S. stocks finished sharply higher on Thursday, logging their biggest single-session rally in more than two years on data suggesting inflation may be peaking.

India’s IIP is seen rising to 2.3 percent in September. The data is due this evening.

Triggered by the gains in the US markets overnight, Nifty may rise to 18,342-18,410 band.

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With the Nifty breaking its near term supports, the near-term trend is down. Further downsides are likely once the immediate support of 17,973 is broken.

US stocks finished sharply lower, near session lows on Wednesday.

Investors also have been monitoring a fresh crypto wobble.

FPI buying seems to have thinned out at higher levels.

On rises, Nifty could face resistance at 18,296-18,350 band while 17,910 could offer support on downmoves.

Indian markets could open lower, in line with negative Asian markets today and lower US markets on Wednesday.

Listen to the D-Street Details with Devarsh Vakil.

While the Nifty has corrected from the highs, the short-term trend remains up.

Further upsides are likely once the immediate resistance of 18,203 is taken out. Further weakness could emerge if the support of 18,167 is broken.