Nifty faces its worst week in three months, violating key support levels. Market participants watch the Bank of England meeting and Q3 US GDP numbers. GIFT Nifty indicates a gap-down start for the Indian market. Experts predict a potential relief rally, with support at 23,600. Stocks to watch include IT stocks, Hyundai Motor India, and others. Asian stocks declined, awaiting US inflation data. US futures fell after S&P 500 and Nasdaq 100 drops. Focus is on US personal consumption expenditures; stronger-than-expected GDP weakens rate cut case.
