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

Indian markets opened on a positive note with near-term sentiment favoring bulls; Nifty has immediate resistance at 24,500 and support at 24,000. India VIX fell 8.3 percent to 12.25, indicating reduced fear. FIIs were net buyers at Rs 2,603 crore while DIIs bought Rs 2,020 crore on Friday, though the rupee ended flat amid Middle East tensions.