The trends on Gift Nifty also indicate a flat start for the Indian benchmark index. The Gift Nifty was trading around 24,540 level, a discount of nearly 7 points from the Nifty futures’ previous close.

Markets Set For Flat Start, GIFT Nifty Trades UnchangedThe domestic stock markets are set for a flat start as the GIFT Nifty, a key pre-market indicator for markets, remains unchanged on Wednesday morning.

Domestic markets closed higher on Monday despite concerns over slower GDP growth, driven by mixed global trends. The Nifty index remains above 23,870, with resistance around 24,400-24,500. Foreign investors were net sellers,

Indian equity benchmark indices extended their winning streak with three consecutive days of gains, driven by positive global cues and a cautious buying interest from investors (FIIs).

The benchmark Nifty 50 index adding to gains for third consecutive session on Tuesday, has surpassed the 24,350 resistance. A sustained momentum could drive the index toward the 24,700 mark, said expe

Looking ahead, markets will first react to the outcomes of the Maharashtra and Jharkhand elections. Additionally, macroeconomic indicators, including GDP and infrastructure output, will garner significant attention.