POST MARKET COMMENTARY ( 27/8/26).
Relentless selling from Minute 1 across the Board brought the Bulls to their knees. Nifty closed down by 117 @ 24090 while Bank Nifty was down by 273 @ 57510.
Volumes were steady @ Rs. 1.15 Lakh crores while Declines beat Advances 2:1.
All the Broad based Indices were splashed in RED. Across Sectors, ONLY Pharma & Capital Goods closed in the Green. PSU Banks; Media & Metals were the worst hit.
Gold & Silver dropped significantly on the fear that Govt is likely to reduce Duties even though International prices were Firm. Brent firmed up, crossing $ 88 Rupee & 10 y both weakened.
Among Nifty stocks, Adani Ent; Kotak Bank & Adani Ports were the Top 3 gainers while Hindalco ; HDFC Bank & M&M were the Top 3 Losers.
The initiative is slowly but steadily slipping away from the Bulls. Unless they buck up in the next few days they are lkiley to have a Difficult September.
August 27, 2026 3.4K