Inventory Market prediction for Monday, 24 August 2026: The important thing benchmark indices of the Indian inventory market concluded the week on a cautious observe, extending their latest corrective development amid excessive crude oil costs, rising world bond yields, and continued geopolitical tensions that dampened investor sentiment.
Buying and selling remained unstable all through the week, with benchmark indices staging a restoration at one level earlier than ending Friday largely unchanged as buyers continued to judge the evolving world danger panorama.
Sensex, Nifty: What occurred final week
On a weekly foundation, the Nifty 50 index slipped about 0.47% to shut at 24,252, whereas the Sensex declined practically 0.60% to settle at 77,540.83. In the meantime, the broader markets confirmed relative resilience, with the SmallCap index gaining round 1.2% and the MidCap index edging marginally decrease.
On Friday, the benchmark indices, Sensex and Nifty 50, closed largely unchanged, marking their second straight week of losses. The Sensex edged up simply 3 factors to complete at 77,540.83, whereas the Nifty 50 gained 20 factors, or 0.08%, to settle at 24,252.
Sensex, Nifty prediction for tomorrow: Sensex, Nifty outlook
Based on Ponmudi R, CEO – Enrich Cash, markets are heading into the approaching week with investor consideration centred on three key themes: the Federal Reserve’s coverage trajectory, Nvidia’s quarterly outcomes and the unresolved U.S.-Iran battle.
“For Indian equities, the interaction between crude oil, U.S. Treasury yields and the greenback is due to this fact prone to stay essential. Buyers may even monitor actions within the rupee and institutional flows as they assess whether or not home markets can stabilise after the latest correction. With the majority of the June-quarter earnings season now behind the market, world macroeconomic and geopolitical developments are prone to assume a better position in setting the near-term path,” Ponmudi stated.
Sensex
The Sensex ended virtually unchanged at 77,540.83, gaining simply 3.11 factors. Regardless of a robust begin, the benchmark remained largely range-bound all through the session. It opened with a gap-up of practically 163 factors at 77,701.01 and climbed to an intraday excessive of 77,725.67. Nonetheless, the early features had been short-lived, because the index later slipped to a low of 77,445.86 earlier than shifting inside a slender vary for the remainder of the day. Ultimately, the Sensex settled at 77,540.83, posting marginal features of three.11 factors.
On the Sensex outlook, Hitesh Tailor, Technical Analysis Analyst at Selection Fairness Broking, stated, “From a technical perspective, the index continues to commerce round its 50-Day EMA however stays under the essential 200-Day EMA, protecting the broader development cautious. RSI at 49.00 signifies subdued momentum, with no clear directional energy at current. Speedy help is positioned at 77,000–77,380, whereas 77,720–78,000 stays the important thing resistance zone.
The general bias stays Sideways to Cautious, as Sensex continues to consolidate close to the 50-Day EMA whereas going through resistance across the 200-Day EMA. A sustained transfer above the 77,720–78,000 zone would enhance the short-term outlook, whereas continued holding above the 77,000–77,380 help zone would hold the consolidation construction intact.”
Nifty 50
The Nifty skilled elevated volatility through the week however bounced again from decrease ranges, reflecting shopping for curiosity throughout declines. The index continues to stay in a broader consolidation part after the latest correction, with its skill to carry above the important thing psychological degree of 24,000 essential for preserving the underlying market construction.
On the Nifty 50 outlook, Ajit Mishra – SVP, Analysis, Religare Broking, stated, “Speedy help is positioned within the 24,000–23,800 zone, adopted by stronger help close to 23,650. On the upside, the 24,400–24,600 zone stays the important thing resistance space. A decisive breakout above this vary may set off a recent restoration, whereas failure to cross the zone may hold the index range-bound.”
US markets efficiency: Outlook
US shares superior on Friday, serving to to scale back a number of the losses from an in any other case unstable week. Nonetheless, the bond market, which has remained on the centre of Wall Road’s consideration, continued to indicate volatility and exert strain on the broader market.
The S&P 500 gained 0.4%, marking solely its second advance within the six buying and selling periods because it hit a file excessive final week. The Dow Jones Industrial Common surged 517 factors, or 1%, whereas the Nasdaq Composite additionally rose 0.4%.
On the technical outlook, Mahesh M. Ojha, VP- Analysis and Enterprise Growth at Kantilal Chhaganlal Securities, stated that the Dow Jones is prone to face instant resistance within the 53,591–53,800 vary, adopted by the next hurdle at 54,100. On the draw back, help is at 52,550, with further help at 52,338 and 51,920.
In the meantime, the Nasdaq has instant resistance between 26,212 and 26,360, adopted by 26,450. Its key help ranges are at 25,970, 25,875, and 25,730, which may act as necessary cushions within the occasion of additional weak spot, he added.
South Korea markets: Kospi index outlook
South Korean shares ended greater on Friday, even because the benchmark posted a weekly decline amid heightened volatility in AI-related shares.
The tech-heavy Kospi gained 60.37 factors, or 0.88%, to shut at 6,912.95, with chipmakers monitoring in a single day features of their U.S. counterparts. Nonetheless, the index fell 0.9% for the week, following an 11.5% surge within the earlier week—its strongest weekly achieve since early Could—which had additionally ended a seven-week dropping streak.
On the Kospi’s technical outlook, Ojha additional added that the index continues to take care of a bullish development, indicating a optimistic market outlook so long as it holds above key help ranges.
“On the upside, the index faces instant resistance at 7,040, adopted by 7,340 and a stronger hurdle round 7,600 and above. In the meantime, key help ranges are positioned at 6,680, 6,500, and 6,280. A sustained transfer above the resistance zones may additional strengthen the bullish momentum, whereas a break under the help ranges might result in elevated promoting strain,” he stated.
Taiwan inventory market
Taiwanese shares ended greater on Friday, supported by features within the Oil, Gasoline & Electrical energy, Plastics, and Transport sectors. On the shut of buying and selling, the Taiwan Weighted Index superior 0.51%.
The highest performers on the Taiwan Weighted through the session included Msscorps Co Ltd, which jumped 10%, or 42 factors, to shut at 462.
Disclaimer: This story is for instructional and informational functions solely. The views and proposals above are these of particular person analysts or broking corporations, not Mint. We advise buyers to examine with licensed monetary specialists earlier than making any funding selections.
