Pre-market action: Here's the trade setup for today's session

Nifty expected to trend positive in the near term with potential to move towards 24,400, while immediate support is placed at 24,150. India VIX fell 3% to 12.60, signaling reduced fear in the markets. The Indian rupee firmed slightly as hopes of US-Iran diplomacy cooled an oil rally that had pushed the currency to a two-month low. Kaynes is in the F&O ban list for today's session.