Whether that rebound was just a dead-cat bounce or the start of a sustained reversal, time will tell. There is still lack of clarity on a trade deal between India and the US, even as PM Narendra Modi and President Donald Trump shared a telephonic conversation last night. That will keep the bulls interested.
The depreciating rupee is back in the spotlight with the currency hitting a new low on Thursday. Wall Street's handover is mixed with AI concerns persisting. Gold and Silver prices continue to rise.
Thursday's high of 25,922 will be key on the upside for the index, while 25,700 will mostly be a key support. IndiGo, Vedanta, Piramal Pharma, HZL, Honasa Consumer will be some stocks in focus, along with the ₹10,600 crore ICICI Prudential AMC IPO, which opens for subscription today.
Watch this space for all the Live updates.
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