Benchmark Nifty 50 index, after a rebound on Tuesday, faces a resistance in the 25,150-25,300 zone . The Iran-Israel war led to a rise in crude oil prices, though, which means no rate cut is expected during the RBI policy outcome,

Despite some analysts hoping that foreign portfolio investment (FPI) outflows from India might reverse, further declines in Indian stocks cannot be dismissed, as per experts.

The trends on Gift Nifty also indicate a flat-to-positive start for the Indian benchmark index. The Gift Nifty was trading around 25,145 level, a premium of nearly 15 points from the Nifty futures’ previous close.

Nifty and Sensex have broken the spell of falling markets. The S&P BSE Sensex closed 584.81 points or 0.72% higher at 81,634.81, while Nifty50 reclaimed the 25,000 level and ended 217.40 points or 0.88% higher at 25,

The Nifty 50 closed the session with a gain of 0.88%, finishing above the 25,000 mark at 25,013 points. Similarly, the Sensex wrapped up the day with a 0.70% increase, settling at 81,616 points.

The Indian equity benchmarks were trading on a narrow band on Tuesday as gains in banking and financial services shares were offset with losses in metal, auto, realty and oil & gas shares. The Sensex was trading in a range of 300 points while Nifty 50 index touched an intraday high of 24,

Nifty 50 ended the previous trade session 1,264.2 points away from its recent record high of 26,277.35.Overnight, Wall Street indices staged a comeback as oil prices eased amid the ongoing tensions in the Middle East.