Pre-market action: Here's the trade setup for today's session
- Posted on May 11, 2026
- By Business News Today
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- 1 min read
Pre-market action: Here's the trade setup for today's session
Nifty closed higher for a second consecutive week, gaining 0.7% amidst high volatility. Analysts anticipate institutional activity will be influenced by global developments, particularly US-Iran negotiations, impacting geopolitical stability and crude oil prices. The market sentiment appears weak, with potential for further correction if Nifty stays below 24,200.