Nifty Likely to Reclaim 24,000 on Positive Global Cues

The Nifty is expected to cross the 24,000 mark when markets reopen on Wednesday, supported by improved global sentiment and renewed hopes of US-Iran peace talks. Markets were closed on Tuesday for Ambedkar Jayanti. GIFT Nifty rose around 1% to around 24,093, indicating a strong rebound in domestic equities.