Nifty closed at 23,482, snapping a four-day winning streak post-Union Budget 2025-26. The budget emphasized middle-class tax relief and fiscal consolidation. Key support for Nifty lies at 23,250-23,200, with resistance at 23,650. Sectors like FMCG, Auto, and Private Banks are poised for growth. FIIs continue to exit, but historical trends suggest a potential rebound.
India’s weight in global emerging-market ETFs rises again
India’s weight in major global emerging-market ETFs has begun to recover recently. This rise follows a steady decline over the past year, showing improved performance.
August 25, 2026