D-Street braces for weak opening on negative GIFT Nifty cues

Markets experienced volatility on the monthly expiry day, resulting in a largely unchanged ending. Analysts suggest that a decisive move above the 20-DEMA could enhance recovery prospects. While Foreign Portfolio Investors net bought shares, Domestic Institutional Investors were net sellers on the same day. The rupee closed slightly higher against the US dollar, attributed to potential intervention from the Reserve Bank.