Trade Setup: Nifty Faces Key Test at 24,400 Amid Weak Cues

Indian equities are poised for a negative market opening as Gift Nifty declined by 0.61 percent to 24,450 points. This anticipated downturn follows overnight losses on Wall Street, setting up a crucial technical test for the Nifty index around the 24,400 mark. Traders are closely monitoring these global developments and key support levels for market direction.