Global cues are mixed this morning. US futures are trading slightly higher, but Asian markets are not moving in the same direction. Japan and South Korea are under pressure, while Hong Kong, Taiwan and Indonesia are trading in green. For India, there are no major domestic events today, so global markets are likely to set the tone in the morning session. Gift Nifty is indicating a mildly positive start of around 50 points. After Nifty closed at 24,270 on Friday, traders will be watching whether the market can build on those gains. Brent crude is trading around $72, which continues to remain comfortable for India. The sharp rise in oil prices that worried the market a few weeks ago has cooled off for now. The rupee, however, is still around 95.2. It has improved slightly from the recent highs, but it continues to trade at a weak level. A stronger rupee would be a positive sign for the market. Another positive is India's 10-year bond yield, which remains stable near 6.72%. Lower bond yields generally support borrowing-sensitive sectors like banks and real estate. Today's setup is neutral to slightly positive. Global cues are not strong enough to drive a one-sided move, so the focus will be on whether Nifty can hold above 24,200 and attract fresh buying after the recent rally. If buyers continue to support the market above that level, the positive trend can remain intact.

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