Market Outlook: "Oil Fire Burns Markets – Volatile Rebound Ahead?"

Market Outlook Markets likely to open flat-to-positive after yesterday's 3.26% Nifty crash to 23,002 amid Middle East oil shock, with Gift Nifty recovery signaling stabilization but volatility high (India VIX +21%). Nifty support 22,925-23,000, resistance 23,365; watch crude prices >$112 for downside trigger.

Global Cues Asia mixed (Nikkei flat), US futures up post-selloff; Europe gains on energy bets; oil crisis dominates risk-off sentiment. Gift Nifty & Dollar Index Gift Nifty 23,109.50 (-0.47% or -108 pts), flat open signal vs Nifty close 23,002. DXY futures ~99.63 (+0.17%), safe-haven steady. ! Key Sto!cks in Action OMCs (BPCL, IOC, ONGC) on crude surge; Defence (HAL, BEL); Metals (Hindalco, Tata Steel); WeWork India, JK Cement, Amagi Media (news buzz); TechM, Infosys rebound plays.