Indian equity markets remained subdued under the weight of elevated crude oil prices, cautious trading ahead of the US Federal Reserve’s Jackson Hole symposium, and concerns over slowing domestic manufacturing activity. Benchmark indices snapped a two-day losing streak on Friday following a strong rally in IT heavyweights, though both main indices logged a third consecutive weekly decline. 

Nifty 5024,252.00 🔻0.31%
Sensex77,264.51 🔻0.36%

Nifty 50 Through The Week

Monday🔻 0.14% 
Tuesday🔼 0.48% 
Wednesday🔻 0.52% 
Thursday🔻 0.48% 
Friday🔼 0.35%

Sectoral Top Gainers & Losers

Top GainersTop Losers
Nifty Metal🔼 3.86%Nifty FMCG🔻 1.39% 
Nifty IT🔼 2.79%Nifty Auto🔻 1.14% 
Nifty Pharma🔼 2.58%Nifty Oil & Gas🔻 0.98% 

Markets this week

Nifty Midcap 15023,507.15 (🔼 0.42%)
Nifty Smallcap 25018,496.15 (🔼 0.44%)
India VIX10.68 (🔻 4.64%)

Stocks in the Spotlight

Top Gainers

Name of the companyMovement
NMDC Steel Ltd.🔼 24.04%
Cyient Ltd.🔼 22.63%
Welspun Corp Ltd.🔼 18.38%
Urban Company Ltd.🔼 15.75%
Capri Global Capital Ltd.🔼 14.60%

Top Losers

Name of the companyMovement
Balrampur Chini Mills Ltd.🔻 14.63%
BLS International Services Ltd.🔻 12.74%
CreditAccess Grameen Ltd.🔻 9.31%
Crompton Greaves Consumer Electricals Ltd.🔻 7.54%
Emami Ltd.🔻 6.87%

Technical Analysis 

Nifty 50

The Nifty 50 index closed the week at 24,175.65, marking a weekly loss of 0.31%.

  • Immediate Resistance: 24,800 – 25,000
  • Immediate Support: 23,600 – 23,800

Nifty Midcap 150

The Nifty Midcap index closed the week at 23,507.15, marking a weekly gain of 0.42%.

  • Immediate Resistance: 23,700-23,900
  • Immediate Support: 23,300 – 23,100

Nifty Smallcap 250

The Nifty Smallcap 250 index closed the week at 18,496.15, with a weekly gain of 0.44%.

  • Key Resistance Level: 18,600 – 18,800
  • Key Support Level: 18,300 – 18,100

That’s a wrap for this week.

As the markets pause to catch their breath, we’ll be back next week with sharper insights and stories to help you invest intelligently.

Most Traders Ignore This First Step in Technical Analysis

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