GIFT Nifty up 40 points; here's the trading setup for today's session

Indian equities closed marginally lower on Thursday, remaining range-bound due to global caution and anticipation of US trade agreement developments. Analysts anticipate continued consolidation as markets await key US economic data releases. Technically, Nifty is expected to trade within the 25,300–25,500 range, while the rupee edged up against the US dollar.