Pre-market action: Here’s the trade setup for today’s session

Indian equities are nearing a record high, with Nifty just 85 points below its September 2024 peak. Analysts anticipate continued upward momentum driven by domestic factors, global data, FII inflows, and a potential India-US trade agreement. The market shows strengthening momentum, with a bullish MACD crossover suggesting a move towards 26,400-26,500.