๐
*GOOD MORNING | MARKET BRIEF โ 26 AUG 2026*
Yesterday's session gave the market a meaningful recovery โ but the bigger question today is whether the move can sustain.
๐ *NIFTY*
Nifty recovered more than 200 points from the intraday low and closed ~0.5% higher.
The index has held the *24,000โ24,200 support zone* we have been tracking.
๐ฏ *Key Levels*
๐ข Support: *24,000โ24,200*
๐ด Resistance: *24,800*
๐ฏ Upside zone: *~24,700 / 200-DMA*
Bias remains *positive-to-sideways*, with a buy-on-dips approach while the support zone holds.
๐ฆ *BANK NIFTY*
*57,150* continues to attract buyers and remains the key swing support.
Above this level:
๐ฏ *58,300 โ 58,600*
Bank Nifty has also reclaimed its 200-DMA.
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๐ฐ *INSTITUTIONAL FLOWS*
Yesterday:
FII: *+โน1,593 Cr*
DII: *+โน230 Cr*
MTD:
FII: *+โน5,289 Cr*
DII: *+โน37,093 Cr*
FIIs remain net short in index futures, but their positioning has reduced to *184k short contracts* โ indicating some short covering into the new series.
---
๐ *ROLLOVER CHECK*
Nifty: *77%* vs 74% average
Bank Nifty: *79%* vs 76% average
Market-wide: *91%* vs 91% average
Overall, rollovers remain broadly healthy and in line with recent averages.
Interesting sector positioning:
๐ข *Constructive:* IT, PSU Banks, Pharma, Realty, Metals
๐ *Watch:* Adani Group stocks
Realty remains a key sector to monitor, with DLF, Prestige and Oberoi among the preferred names.
---
๐ *MACRO TAILWIND*
Crude has cooled almost *10% from Friday's highs* over the last three sessions.
If this continues, it could provide some support to Indian equities.
Another key global variable:
๐บ๐ธ *US 10Y yield โ 4.6%*
A sustained move below this level could be supportive for risk assets.
---
๐ฑ *TODAY'S MARKET INTELLIGENCE*
The headline says *Nifty +0.5%.*
But the more useful questions are:
โข Is the recovery broad-based?
โข Where is institutional positioning moving?
โข Which sectors are seeing constructive rollovers?
โข Is the market still range-bound or transitioning into a directional phase?
โข Where are the key risk levels?
This is exactly why we built *Replete Alpha.*
Instead of tracking dozens of data points separately, get a structured view of the market environment in one place.
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You can experience the *Elite plan* and use the full market-intelligence framework for the next 30 days.
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*Know the market before you trade it.*
โ *Replete Equities*
August 26, 2026 22
