Sensex and Nifty Outlook Remains Cautious Ahead of GDP Data

Indian benchmark indices ended the week lower, with the Nifty slipping 0.31% to 24,175.65 and the Sensex declining 0.36% to 77,264.51 amid global market volatility.

Investors are closely monitoring the upcoming first-quarter GDP data and the September 4 US jobs report to gauge the direction of future interest rate policies.

Technical analysts identify the 24,000–23,800 zone as critical support for the Nifty, while the Sensex faces immediate resistance in the 77,700–78,000 range.