Morning Bell 24th August 2026 by Bajaj Broking Ltd
Market Commentary
Indian benchmark indices on Friday's session opened on a positive note but traded within a narrow range throughout the session, reflecting a balancing act between supportive domestic factors and continued global uncertainties . Selective buying in key stocks helped the indices sustain their positive bias, although gains remained capped as investors stayed cautious amid elevated global risks .
* High crude oil prices, persistent geopolitical concerns in the Middle East, and elevated international bond yields continued to weigh on risk appetite . The recent efforts by the US Treasury to ease pressure on bond yields failed to provide lasting comfort, as rising crude prices and renewed inflation concerns remained key overhangs for global markets .
* At close, the Sensex gained 3.11points or 0 .00 % to settle at 77,540 .83 , while the Nifty 50 advanced 20 .15 points or 0 .08 % to close at 24 ,252 .00 .
* On the sectoral front, Metal and Realty stocks emerged as the key gainers, supported by selective buying interest . On the downside, Auto, FMCG, IT, Media, and Pharma witnessed selling pressure and remained the key laggards during the session .
* Gift Nifty signals a positive opening for the Indian market . Nifty spot in today's session is likely to trade in the range of 24 ,050 - 24 ,400 .
Global Updates
* U.S . Treasury Secretary Scott Bessent is scheduled to host a press conference at 2 p.m. ET on Monday, August 24 to unveil historic secondary sanctions targeting third - party entities, financial institutions, and shipping networks facilitating Iranian trade .
* Following President Trump's declaration of an "Economic D- Day" against Tehran, Iranian military leadership has vowed a crushing response, keeping regional shipping friction and energy supply concerns elevated
* Asia - Pacific equities traded mixed on Monday, with Japan’s Nikkei 225 rising 0 .27% to 66 ,193 .50 , Australia’s S&P/ASX 200 gaining 0 .38 % to 9,093 .3, while South Korea’s KOSPI fell 1.04 % to 6,841 .40 , as markets digested geopolitical developments and awaited cues from U.S . monetary policy .
Above views are of the author and not of the website kindly read disclaimer
