Sensex Today | Stock Market View: Pre-opening market comment by Prashanth Tapse, Senior VP (Research), Mehta Equities 

GIFT Nifty (+5, 22388) sees positive momentum this Thursday, with WTI Oil prices dropping below $79, potentially boosting INDIGO's performance. Concerns arise over low voter turnout impacting Nifty, down 2.5% from the 1st phase of voting, and technical indicators signal caution with a possible 'Double-Top' formation. Market attention remains on US economic strength and the potential for a Federal Reserve rate cut. Preferred trades suggest buying Nifty and Bank Nifty on dips, while bullish sentiment surrounds stocks like NESTLE, TATA MOTORS, and MARICO. Notably, a short-term sell recommendation is provided for NESTLE INDIA MAY FUTURES.