Nifty 50, Sensex Today: Markets Likely to Open Lower on August 26 Ahead of Trump Tariffs

Ahead of the imposition of new US tariffs on India, the Nifty 50 and Sensex are probably going to start the day lower on Tuesday due to the weakness in global equities.

Early indicators pointed to a weak opening for Indian benchmarks as the Gift Nifty was trading at about 24,905, a discount of almost 85 points from the previous close of Nifty futures.

The Sensex rose 329 points to 81,635.91 on Monday, and the Nifty 50 ended the day at 24,967.75, staying above the critical 24,900 mark.

Outlook for the Sensex

• Indecisiveness is indicated by the inside body candle that the Sensex has formed.
• A breakout could move it to 82,300–82,500. The key resistance is 81,800.
• Levels of support: 81,400–81,300; a breach could push it lower to 81,000–80,800.

Outlook for the Nifty 50

• A tiny bullish candle that showed consolidation with a positive bias was formed by the Nifty.
• Resistance: 25,020 (50-DMA); if this is crossed, it could open up to 25,200–25,300.
• Immediate support is at 24,860, with deeper support at 24,700.
• As long as the index remains above 24,860, analysts advise purchasing on dips.

Outlook for the Bank Nifty

• With a doji candle indicating indecision, the Bank Nifty closed flat at 55,139.30.
• Support zones: 54,900–54,800; 54,400 could result from a decline below.
• Short-term resistance levels are between 55,300 and 55,400, with more formidable obstacles close to 55,950 and 56,160.
• Before making new entries, experts advise exercising caution and waiting for a bullish reversal.

🔎 Market Strategy: In the face of volatility brought on by international cues and tariff developments, analysts advise cautious long positions with stringent stop-losses and selective stock accumulation.