In fact, Bank Nifty has not really broken the previous month’s lows, so in fact it has held higher as compared to Nifty in the last few trading sessions.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.