New Delhi, Sept. 26 -- Indian equity markets have remained sensitive to global cues, currency movements, foreign fund flows and developments in crude oil and bond yields. Against this backdrop, investors are closely watching key technical levels on the Nifty 50 and Sensex for signs of the next directional move.

In an interview, Hitesh Tailor, Technical Research Analyst at Choice Broking, discussed the near-term market outlook, key support and resistance levels, the impact of the rupee and the possibility of a shift towards precious metals amid rising uncertainty. He also highlighted Pharma & Healthcare, Metals and Consumer Durables as areas showing technical opportunities at the current juncture.

Edited Excerpts:

We expect volatility t...