Positioning in Nifty 50 options suggests that the index will trade in a narrow range of 17500-17600 points.
On the Singapore Exchange, Nifty futures traded 120.5 points, or 0.69 percent higher.
Lower at 17,383.50, indicating that Dalal Street was set to open lower on Thursday.
According to technical indicators, the Nifty 50 must remain above 17,442 points in order to rise to 17,650 and 17,777 levels.
Domestic investors will be watching business earnings as various indexes.
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