The threat of nuclear war seems higher than it has in ages, but the stock market wants what wants—and it wants to go higher. The S&P 500 rose more than 0.5% on Thursday and is less than a percentage point away from adding to the more than 50 record highs its hit this year.

Stocks are set for a cautious open Thursday following Nvidia's highly-anticipated third quarter earnings report.

Technical pattern formed by Nifty 50 Index is lacking strength and 23350-23815 could be the band for the Nifty over the near term, said experts