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

Domestic markets saw profit booking after recent gains, with the Nifty declining slightly. Indian equities are expected to see a gradual upmove, supported by global cues and earnings. Investors will monitor US jobs data and the RBI's monetary policy decision tomorrow. The India VIX, a fear gauge, rose to 12.19 levels. The rupee appreciated nine paise against the US dollar on Tuesday.