1 week ago

Sensex, Nifty Face Cautious Monday Outlook Amid Global Risks

Sensex, Nifty Face Cautious Monday Outlook Amid Global Risks
Stock Market prediction for tomorrow, 24 August 2026: Sensex, Nifty outlook for Monday — US, South Korea, Taiwan cues · livemint.com

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.

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.”
livemint.com
“For Indian equities, the interplay between crude oil, U.S. Treasury yields and the dollar is therefore likely to remain critical.”
livemint.com

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.”
livemint.com

Sources

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