Archive · 10 Aug 2026

Sensex, Nifty 50 expected to open flat as crude surges

Sensex, Nifty 50 expected to open flat as crude surges

This story is about the stock market in India, where people buy and sell parts of big companies called shares.

Lists of the biggest and most important companies are called indices, and India has two famous ones: the Sensex and the Nifty 50.

Last Friday, these indices went down a little, which means most shares ended the day worth slightly less.

Something called Gift Nifty, which gives an early hint about how trading may start, suggested Monday could begin without big changes.

One reason for the caution is the price of crude oil, which is used to make fuel like petrol and diesel.

Crude oil became more expensive, and when that happens, companies may need to spend more on running their business.

Experts called analysts study the market and point out special price levels, like support where prices may stop falling and resistance where they may stop rising.

Analysts said if the Nifty 50 falls, it could find support near 24,400, and even stronger support near 24,000.

They also said the market could go up if it crosses resistance levels around 24,700.

So on Monday, investors will be watching these numbers closely to see which way the market moves.

Sources