Sensex and Nifty Set for Positive Start
Indian stock markets, Sensex and Nifty, are set for a positive start on August 4, following encouraging signs from GIFT Nifty trading at 24,693. After two consecutive days of declines and a five-week losing streak, with Nifty closing below 24,600, investors are hopeful for a turnaround. The global markets faced challenges, with U.S. stocks dropping due to economic concerns, while Asian markets followed suit. Despite foreign institutional investors selling off, domestic investors continued to buy. Traders should stay updated for a potentially profitable trading day ahead.
