Dalal Street poised for a positive start

Meanwhile, the Economic Times daily newspaper is available online now.

Key points

• GIFT Nifty on the NSE IX traded higher by 126 points, or 0.52 per cent, at 24, 216, signaling that Dalal Street was headed for a positive start on Monday.
• Tech View: If the Nifty fails to sustain above 24, 000, significant bearishness could growth, dragging the index towards much lower levels.
• Oil rates steadied in early trade on Thursday as investors assessed the outlook for the US-Iran war and the security of shipping through the Strait of Hormuz.
• Nifty extended losses for the seventh consecutive session, declining 0.3% as crude rates remained elevated.
• Asian stocks rose as pressure from the bond market eased after the US Treasury unveiled intends to purchase back longer-dated debt to curb borrowing costs.

D-Street poised for a positive start as GIFT Nifty trades firmly higher. ETMarkets.comLast Updated: Aug 20, 2026, 07: 04: 00 AM IST.

Nifty declined for a seventh session, influenced by elevated crude oil rates. Analysts anticipate continued pressure due to global weakness and geopolitical tensions. The India VIX, a fear gauge, saw a slight decline to 11.32 levels. Foreign and domestic institutional investors indicated net buying activity on Wednesday. Meanwhile, the Indian rupee weakened against the dollar but saw central bank intervention. Listen to this article in summarized format. Unlock AI Briefing and Premium Content. Subscribe Now Already a member? Sign In.

Nifty extended losses for the seventh consecutive session, declining 0.3% as crude rates remained elevated. Analysts say Nifty is projected to remain under pressure against the backdrop of subdued global cues, elevated crude costs and continued geopolitical tensions. STATE OF THE MARKETS. GIFT Nifty (Earlier SGX Nifty) signals a positive start.

Tech View: If the Nifty fails to sustain above 24, 000, significant bearishness could growth, dragging the index towards much lower levels. Therefore, long positions should be held with a strict stop-loss at 24, 000. India VIX: India VIX, which is a measure of the fear in the markets, fell 0.6% to settle at 11.32 levels. US stocks end modestly higher.

As easing administration bond yields boosted risk appetite while a dramatic rally in shares of vaccine-maker Moderna drove gains in the healthcare sector, the main US stock market indexes closed modestly higher on Wednesday. Live Events.

Asian stocks rose as pressure from the bond market eased after the US Treasury unveiled intends to purchase back longer-dated debt to curb borrowing costs. While the dollar steadied after falling to a three-month low, treasuries held their gains. Oil rates steady.

Oil rates steadied in early trade on Thursday as investors assessed the outlook for the US-Iran war and the security of shipping through the Strait of Hormuz. Gold up.

Gold hovered near its highest level in more than two months on Thursday after a surprise liquidity backing announcement by the US Treasury pushed yields and the dollar lower. Dollar declines.

Meanwhile, the US dollar nursed steep losses on Thursday, hovering near three-month lows as investors digested measures confirmed by the US Treasury Department to assist calm the bond market that had seen long-end yields hit their highest since 2007.

Taken together, the developments around dalal Street poised for a positive start point to a situation that is still moving, and the coming days should bring more clarity.