1 week ago
Sensex, Nifty Face Cautious Monday Outlook Amid Global Risks
Indian stock markets had a difficult week and ended with small losses.
The Sensex and Nifty 50 were unable to make a strong recovery.
Experts say Monday’s trading may depend on oil prices, interest rates, the dollar and world politics.
They are also watching the Federal Reserve and NVIDIA’s quarterly results.
The Sensex is moving near important technical levels, so analysts describe its outlook as cautious.
The Nifty 50 needs to stay above 24,000 to keep its market structure stable.
U.S. stocks rose on Friday, while South Korean and Taiwanese markets also finished higher.
However, investors may still see large price swings because several global risks remain unresolved.
The Nifty 50 fell about 0.47% weekly to 24,252, while the Sensex declined nearly 0.60% to 77,540.83.
Analysts said crude oil prices, U.S. Treasury yields, the dollar, institutional flows and geopolitical tensions will influence Indian equities.
The Sensex has support at 77,000–77,380 and resistance at 77,720–78,000, keeping its technical outlook sideways to cautious.
The Nifty 50’s key support is 24,000–23,800, while 24,400–24,600 is the main resistance zone.
U.S. stocks, South Korea’s Kospi and Taiwan’s benchmark ended Friday higher, although global markets remained volatile.
- Who
- Indian investors and market participants, with views from Ponmudi R, Hitesh Tailor, Ajit Mishra and Mahesh M. Ojha.
- What
- The article assesses the Sensex and Nifty 50 outlook for Monday, 24 August 2026, using domestic and international market cues.
- Where
- The focus is on India, with cues from the United States, South Korea and Taiwan.
- When
- The outlook is for Monday, 24 August 2026, following trading on Friday and the previous week.
- Why
- Markets are being influenced by high crude oil prices, rising global bond yields, geopolitical tensions, Federal Reserve policy expectations and corporate results.
Cautious and Range-Bound View
Recovery and Bullish-Cue View
Indian market direction
Cautious and Range-Bound View
Hitesh Tailor said the Sensex’s technical bias remains sideways to cautious because it is below the 200-day EMA and has subdued momentum.
Recovery and Bullish-Cue View
Ajit Mishra said a decisive Nifty 50 breakout above 24,400–24,600 could trigger a fresh recovery.
Key levels
Cautious and Range-Bound View
A failure to overcome resistance could keep the Nifty 50 range-bound, while a break below support may increase selling pressure.
Recovery and Bullish-Cue View
Holding above 24,000, particularly the 24,000–23,800 support zone, could preserve the underlying market structure.
International cues
Cautious and Range-Bound View
High crude oil prices, rising bond yields, a stronger or volatile dollar and geopolitical tensions could continue to pressure sentiment.
Recovery and Bullish-Cue View
Friday’s gains in U.S. stocks, South Korea’s Kospi and Taiwan’s benchmark may provide a more supportive external backdrop.
Key facts
- Nifty 50 weekly close
- 24,252, down about 0.47% for the week
- Sensex weekly close
- 77,540.83, down nearly 0.60% for the week
- Sensex support
- 77,000–77,380
- Sensex resistance
- 77,720–78,000
- Nifty 50 support
- 24,000–23,800, followed by 23,650
- Nifty 50 resistance
- 24,400–24,600
- Key global themes
- Federal Reserve policy, NVIDIA’s quarterly results and the unresolved U.S.-Iran conflict
Quotes
Ajit Mishra
Senior Vice President of Research at Religare Broking
“Immediate support is placed in the 24,000–23,800 zone, followed by stronger support near 23,650. On the upside, the 24,400–24,600 zone remains the key resistance area.”
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“For Indian equities, the interplay between crude oil, U.S. Treasury yields and the dollar is therefore likely to remain critical.”
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Hitesh Tailor
Technical Research Analyst at Choice Equity Broking
“From a technical perspective, the index continues to trade around its 50-Day EMA but remains below the crucial 200-Day EMA, keeping the broader trend cautious.”
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