Indian equity markets suffered their third consecutive negative week, with the Nifty 50 declining 114 points (−0.47% WoW) to 24,252 and the Sensex settling at 77,541. The US-Iran ceasefire officially collapsed on Monday, Brent surged to $92/bbl by Wednesday, and the Nifty extended a seven-session losing streak — the longest in nearly a year — before IT and financials led a sharp recovery on Thursday. Here’s the full breakdown and the Nifty prediction for August 24–28.
Weekly Market Review.

Market Summary: Sensex & Nifty 50 Performance

Monday: Sensex –281 pts to 77,728; Nifty –78 pts to 24,288. Trump declared ceasefire “over”; Brent $88.5; rupee ₹95.61. Tuesday: Sensex –493 pts to 77,235; Nifty –133 pts to 24,155; Brent crossed $91; sixth consecutive losing session. Wednesday: Nifty fell below 24,100 (seventh straight loss — longest in ~a year); Brent hit $92 as Trump confirmed “no talks with Iran.” Thursday: Sensex +628 pts; Nifty recovered to 24,231 — streak broken as global yields eased and IT/financials rebounded. Friday: Nifty +20 pts to 24,252; Sensex +3 pts to 77,541; metals and realty led; Hindustan Zinc +3.7%, Welspun Corp +15.3% on a record $1.8 billion order. Week-on-week: Nifty −114 pts (−0.47%).

Share Market Live News: The Big Macro Triggers This Week

1. US-Iran Ceasefire Officially Ends — Monday’s Defining Shock

Trump declared the US-Iran ceasefire “over” over the weekend, stating no talks were taking place. The US reinforced its Hormuz naval blockade while Iran reaffirmed its intent to control Strait shipping. Brent surged from $87 to $92/bbl across Monday–Wednesday, triggering the market’s longest losing streak in nearly a year.

2. Nifty’s 7-Session Losing Streak — Longest in ~a Year

The Nifty fell in every session from Monday through Wednesday, extending a losing run that began August 11 to seven consecutive sessions — a 2.1% decline over the stretch. IT stocks (HCLTech, Infosys), aviation (IndiGo), pharma and FMCG were the consistent drags as rising crude rekindled US inflation fears, pushed global bond yields higher and compressed growth-stock valuations.

3. IT & Financials Snap the Streak on Thursday

Thursday August 20: Sensex surged 628 pts and Nifty reclaimed 24,231 as global bond yields eased and back-channel US-Iran diplomatic signals reduced immediate crude spike risk. IT (Infosys, TCS) and financial services (ICICI Bank, HDFC Life, Eternal) led the recovery — confirming that the sell-off was yield-and-crude-driven, not a fundamental India earnings deterioration.

4. Metals Outperform: Hindustan Zinc +3.7%, Welspun Corp +15.3%

Friday August 21: Nifty Metal gained 0.86% as Hindustan Zinc surged 3.7% after a global brokerage reaffirmed its Buy (“weakness difficult to justify”) and Welspun Corp jumped 15.3% on winning a record $1.8 billion pipe supply order. Hindalco and Tata Steel had also outperformed on Monday when the broader market fell — confirming metals as the week’s most resilient sector.

5. Rupee Weakens to ₹95.61; RBI Swap Changes Add Pressure

The rupee closed at ₹95.61 against the dollar on Monday — its weakest in six weeks — as higher oil prices widened import bill expectations and changes to the RBI’s foreign-exchange swap facility added selling pressure. A weaker rupee reduces FII USD-denominated returns on Indian equity holdings, compounding the FII selling pressure seen through the week.

Top Nifty Gainers & Losers Last Week

Top Gainers (1-Week Performance)

• ETERNAL: +3.21% | ₹328.00 — Domestic consumption platform; crude-insulated; defensive buying during the 7-session selloff.
• HDFCLIFE: +2.84% | ₹554.80 — Insurance safe-harbour trade; rate-agnostic and largely unaffected by crude prices.
• ADANIPORTS: +2.53% | ₹1,700.00 — Alternative routing beneficiary from Hormuz blockade; bottom-fishing after two weak weeks.

Top Losers (1-Week Performance)

• HCLTECH: −5.12% | ₹1,302.50 — Rising US bond yields pressured global technology valuations; the stock remained among the top losers across multiple sessions.
• INDIGO: −4.84% | ₹5,110.00 — Higher crude prices raised aviation turbine fuel cost concerns, directly weighing on expected Q2 FY27 margins.
• JIOFIN: −4.54% | ₹244.00 — Continued mean-reversion after the sharp rally two weeks earlier; ₹238–245 remains a key accumulation zone.

Institutional Activity: FIIs vs. DIIs

Institutional flows remained positive during the week, with DIIs providing strong support despite continued FII selling pressure. Foreign Institutional Investors (FIIs) turned net sellers across the week, recording cumulative outflows of approximately ₹1,601.65 crore. The highest FII selling was witnessed on Monday at ₹2,535.10 crore, followed by Friday at ₹542.71 crore, while the strongest buying was recorded on Tuesday at ₹1,651.53 crore.

Domestic Institutional Investors (DIIs) continued their strong buying momentum, registering total net inflows of around ₹17,316.34 crore. The highest DII buying was recorded on Monday at ₹5,101.46 crore, followed by Wednesday at ₹3,973.72 crore and Thursday at ₹3,537.71 crore. DIIs remained consistent buyers throughout all five trading sessions.

Overall, combined institutional inflows stood at approximately ₹15,714.69 crore, highlighting strong domestic institutional participation during the week. While FIIs remained cautious with net outflows, aggressive DII buying provided stability and continued support to Indian equities.

Market Outlook & Nifty Prediction for Aug 24-28, 2026

Nifty enters August 24–28 at 24,252, trading below the 200-DMA at 24,750, with RSI around 38–40 indicating near-oversold conditions. MACD remains negative with a widening histogram, suggesting that underlying momentum is still weak. Although the seven-session losing streak has been broken, the recovery remains fragile and near-term direction will largely depend on crude oil prices and global cues.

Expected range: 23,750–24,500. Immediate support is placed at 24,000–24,050, followed by a stronger base near 23,800, while 23,600 remains the worst-case downside level. On the upside, resistance is seen at 24,400–24,500, followed by the crucial 200-DMA near 24,750. For Bank Nifty, key support is around 56,500, while resistance is placed near 57,500.

Key triggers: (1) Crude oil — any positive US-Iran development or a fall in Brent below $87 could provide immediate relief to Indian equities; (2) US PCE inflation data on August 28 — a softer-than-expected print could revive expectations of a September Fed rate cut; (3) Jackson Hole Symposium — any dovish signal from Powell could ease US yields and potentially reverse FII selling; (4) Q1 FY27 results from AUBANK, CDSL, MOFSL, Vedanta and Hindustan Zinc; and (5) the India monsoon weekly update, which remains important for rural demand and inflation expectations.

Strategy: Accumulate quality names on dips around the 24,000 zone, with ICICI Bank, HDFC Life and Hindustan Zinc among stocks to watch. Avoid aggressively chasing rallies above 24,400 unless accompanied by a meaningful decline in crude oil prices. Metals remain one of the better near-term hedges, while exposure to IT should remain selective until US bond yields show signs of peaking.

Volatility is likely to stay elevated, with sharp intraday reversals possible around crude oil headlines, Fed commentary and US macro data. A sustained close above 24,500 would be the first meaningful sign of improving market momentum and could open the path towards 24,750, while a decisive break below 24,000 could accelerate selling towards 23,800–23,600. Until either breakout occurs, traders should maintain controlled position sizes and favour stock-specific opportunities over aggressive directional index bets.

Stocks to Watch & Investment Opportunities

Five stocks from Nifty Bank, Metals & Financial Services with Q1 FY27 results and specific catalysts for the week ahead:

• AUBANK — Q1 FY27 results due. Strong retail deposit franchise; universal bank licence upgrade path remains a structural re-rating catalyst.
• CDSL — Q1 FY27 results due. Higher market volatility can boost transaction volumes and fee income, making it a counter-cyclical beneficiary.
• MOTILAL OSWAL (MOFSL) — Q1 FY27 results due. Broking and wealth management revenues benefit from higher market activity; limited crude sensitivity.
• VEDL (Vedanta) — Q1 FY27 results due. Stabilising LME zinc and aluminium prices, the demerger plan and high dividend yield remain key positives.
• HINDZINC — Up 3.7% on Friday after a global brokerage reaffirmed its Buy rating. LME zinc recovery and a high dividend yield support the near-term outlook; remains a preferred metals pick.

💡 Pro-Tip: Want a real-time technical analysis for these stocks? Ask LiMo, our AI co-pilot, for an instant buy/sell rating.

Discover Investment Opportunities with Liquide

Available on both Google Play Store and Apple Appstore, Liquide offers up-to-date market analysis, expert recommendations and real-time insights to guide your investment decisions.

Download the Liquide App today and enhance your financial journey.

Disclaimer: The information provided in this article is for informational and educational purposes only and does not constitute financial, investment or trading advice.

Stock, commodity and currency markets involve significant risk. Readers are strongly advised to consult with their financial advisors before making any investment decisions.

For a detailed Disclaimer, please visit our website https://liquide.life/