Pre-Market Setup & Global cues - 17 April, 2026

US markets quietly did it again…fresh all-time highs. But the interesting part is Asia is not following that strength. Most Asian indices are slightly in red, and Gift Nifty is flat → hinting at a muted start. Macro looks stable for now: • Yields easing a bit • Dollar softer • Crude holding below $100 No immediate pressure, but no strong trigger either. So what’s the setup? Global markets strong, but locally → no follow-through yet After the recent rally, market may prefer time correction over price correction Bias: Sideways to slightly positive Not a trend day setup. More likely a stock-specific / range-bound session unless a fresh trigger comes in.