GIFT Nifty up 100 points; here's the trading setup for today's session

Indian equities experienced a pullback on Tuesday, with the Nifty declining 1.4% to 24,578, as investors booked profits following a significant rally. Despite the dip, analysts suggest a buy-on-dips strategy, anticipating potential upward movement to 25,350, with support at 24,400. FIIs turned net short in the futures market, while both FIIs and DIIs were net buyers in the cash market.