I dia
equity
be chma ks
ope ed
i
ed
o
Thu sday
as
i vesto s
assessed
global
ma ket
cues,
c ude
oil
p ices
a d
the
latest
US
i flatio
data.
The
BSE
Se sex
fell
mo e
tha
100
poi ts
a d
touched
77,850,
while
the
NSE
Nifty50
a g
the
ope i g
bell
ea
24,350,
taki g
a
hit
of
ea ly
80
poi ts,
as
of
9:15
AM.
GIFT
Nifty
Sig als
Cautious
Ope i g
GIFT
Nifty
Sig als
Cautious
Ope i g
The
GIFT
Nifty
had
poi ted
to
a
subdued
sta t
fo
domestic
equities.
The
futu es
we e
quoted
at
24,447.50,
dow
26
poi ts,
i dicati g
limited
mome tum
ahead
of
the
ope i g
bell.
At
a ou d
9:05
AM,
the
Se sex
was
t adi g
at
78,149.11,
up
182.76
poi ts,
o
0.23
pe
ce t,
while
the
Nifty
was
at
24,427.15,
dow
8.80
poi ts,
o
0.04
pe
ce t.
I vesto s
a e
also
t acki g
the
pe fo ma ce
of
global
equities
afte
US
i flatio
data
fo
July
came
b oadly
i
li e
with
expectatio s,
easi g
some
co ce s
a ou d
tighte
mo eta y
policy.
Asia
Ma kets
Gai
As
Tech
Stocks
Rebou d
Asia
Ma kets
Gai
As
Tech
Stocks
Rebou d
Asia
equities
moved
highe
o
Thu sday,
suppo ted
by
a
ecove y
i
tech ology
stocks
a d
the
softe
eactio
to
the
latest
US
i flatio
figu es.
South
Ko ea’s
Kospi
led
egio al
gai s,
isi g
3.76
pe
ce t,
with
sha es
of
Samsu g
Elect o ics
a d
SK
Hy ix
wit essi g
st o g
buyi g
i te est.
Japa ‘s
Nikkei
225
adva ced
1.45
pe
ce t,
while
Chi a’s
CSI
300
edged
up
0.05
pe
ce t.
The
positive
t e d
ac oss
pa ts
of
Asia
followed
a
mixed
sessio
o
Wall
St eet.
Wall
St eet
E ds
Mixed
Wall
St eet
E ds
Mixed
US
ma kets
closed
o
a
mixed
ote
i
the
p evious
sessio .
The
Dow
Jo es
I dust ial
Ave age
slipped
0.04
pe
ce t,
while
the
S&P
500
gai ed
0.26
pe
ce t.
The
tech ology-heavy
Nasdaq
Composite
e ded
0.54
pe
ce t
highe .
The
mixed
pe fo ma ce
came
as
i vesto s
co ti ued
to
assess
the
outlook
fo
i te est
ates
a d
the
latest
co po ate
a d
eco omic
sig als.
C ude
Oil
B eaks
Six-Day
Wi i g
Ru
C ude
Oil
B eaks
Six-Day
Wi i g
Ru
C ude
oil
p ices
eased
afte
exte di g
thei
ally
fo
six
co secutive
sessio s.
The
decli e
followed
the
OPEC+
fo ecast
fo
lowe
oil
dema d
i
2026,
with
the
p oduce
g oup
i dicati g
that
elevated
p ices
amid
the
US-I a
co flict
could
weigh
o
co sumptio .
B e t
c ude
futu es
fo
August
we e
quoted
at
$87.96
pe
ba el,
dow
1.15
pe
ce t.
Gold
Steady,
Silve
Slips
Gold
Steady,
Silve
Slips
Gold
futu es
emai ed
la gely
u cha ged
i
ea ly
t ade,
while
silve
p ices
decli ed.
Silve
futu es
we e
dow
0.53
pe
ce t,
as
i vesto s
assessed
moveme ts
i
global
bo d
yields,
the
dolla
a d
expectatio s
a ou d
US
mo eta y
policy.
Ma ket
View:
Nifty
Suppo t
At
24,250
Ma ket
View:
Nifty
Suppo t
At
24,250
Sh ika t
Chouha ,
Head
of
Equity
Resea ch
at
Kotak
Secu ities,
said
the
be chma ks
faced
selli g
p essu e
at
highe
levels
i
the
p evious
sessio ,
with
the
Nifty
e di g
36
poi ts
lowe
a d
the
Se sex
decli i g
188
poi ts.
He
oted
that
PSU
ba ks
outpe fo med,
gai i g
a ou d
2
pe
ce t,
while
IT
stocks
we e
the
weakest
pe fo me s,
with
the
secto al
i dex
falli g
ea ly
1.5
pe
ce t.
F om
a
tech ical
pe spective,
Chouha
said
the
Nifty
fou d
suppo t
a ou d
its
20-day
simple
movi g
ave age
(SMA)
afte
a
i t aday
decli e
a d
subseque tly
ecove ed.
He
ide tified
24,250
fo
the
Nifty
a d
77,500
fo
the
Se sex
as
impo ta t
suppo t
levels.
Acco di g
to
him,
holdi g
above
these
levels
could
allow
the
i dices
to
move
towa ds
24,500/78,250,
followed
by
24,650-24,700/78,700-78,900
if
the
highe
levels
a e
sustai ed.
Howeve ,
a
b eak
below
24,250/77,500
could
i te sify
selli g
p essu e
a d
push
the
be chma ks
towa ds
24,200-24,100/77,300-77,000,
he
cautio ed.
