Indian equity benchmarks are set for a flat opening on Friday, August 7, as pre-market sentiment remains cautious despite positive global cues.
The Gift Nifty, a key gauge of investor sentiment ahead of the domestic session, is trading near its previous close, indicating limited directional bias for the day's trade.
This lack of clear momentum follows a mixed performance on Thursday, where benchmark indices displayed notable divergence.
Investor positioning appears tentative, with market participants waiting for clearer signals before committing to significant directional bets.
The flat pre-market reading suggests that any early moves are likely to be range-bound rather than trend-driven.
Amid the broader market indecision, technical analyst Vaishali Parekh has identified three stocks for potential intraday buying opportunities.