Pre-Market Outlook – 04.03.2026
Indian benchmark indices are poised for a gap-down opening amid weak global cues driven by geopolitical tensions.
Thank you for reading this post, don't forget to subscribe!Nifty slipping below 24700 for the second consecutive session signals weakness. A close below this level may confirm the next leg of downside. Any bounce towards 24700 could invite selling. Adopt a Sell-On-Rise approach.
From a positional view, consecutive closes below 24700 may drag the index towards 23500, the next major support zone. On the upside, unless Nifty decisively reclaims 25449, a sustainable bullish trend remains unlikely.
Sectoral Focus
Oil&Gas, Energy, Defence, Bank, Finance, Pharma, IT.
Stocks To Watch
Mahindra and Mahindra, Hindustan Aeronautics,. Powergrid Corporation, Lupin, JSW Cement, Natco Pharma.
Maintain a solid stoploss discipline across transactions.
Wishing everyone a fortune day!
