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

Analysts indicate a cautiously positive broader market bias, with Nifty and Bank Nifty holding above key moving averages amid a buy-on-dips approach. India VIX fell 1.3 percent to 12.98, signalling easing fear. The Indian rupee declined to a two-month low as oil prices hovered near $90 per barrel amid Middle East tensions.