Indian Equities Eye Positive Open on Global Rally, Fed Rate Cut

• Indian markets are set for a positive opening on December 11, driven by a global rally and the Federal Reserve's third consecutive rate cut.
• Gift Nifty traded nearly 0.5% higher, indicating a strong start for domestic benchmarks, following Wall Street's rally on Fed optimism.
• Despite a weaker close on December 10, Nifty maintains support above its rising channel and key EMAs, with 25,700 being a crucial support level.
• Commodities like gold, silver, and oil also saw gains, mirroring the improved global sentiment.
• Analysts suggest Nifty holding above 25,850 in the opening hour will be essential to regain momentum and avoid deeper retracement.

Why It Matters: Global optimism and Fed actions signal potential Indian market gains, affecting your portfolio.