D-Street poised for a positive start as GIFT Nifty trades firmly higher

The Nifty index continues to decline, marking its eighth consecutive week of losses due to market pressures. Analysts predict that the combination of foreign selling and rising bond yields will affect sentiment negatively. The Indian rupee has also weakened, contributing to ongoing market challenges faced by investors. Importantly, the 200-Week EMA remains a critical level for potential recovery or further decline.