Indian markets initially rallied but pared gains due to renewed Israel-Iran conflict concerns. Despite this, a positive outlook prevails, fueled by easing geopolitical tensions and favorable domestic factors. Technical analysis suggests a potential rise to 25,350, with support at 25,000. The India VIX declined, and the rupee strengthened significantly against the US dollar.
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GIFT Nifty up 80 points; here’s the trading setup for today’s session
