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

Indian markets face F&O expiry volatility on Tuesday with Nifty pivoting at 24,000 — a sustained break above could target 24,250–24,300, while failure risks a slide to 23,800. India VIX plunged around 10% to 12.66, signaling reduced fear, while FPIs net sold shares worth Rs 1,688 crore and DIIs net bought Rs 2,329 crore on Friday. The rupee gained 0.7% to 96.5625 against the dollar, its best session in over six weeks, aided by likely RBI intervention and a sharp fall in crude oil prices below $90/bbl.