Nifty is consolidating between 24,500 and 25,200, with 25,000 acting as resistance. Bank Nifty underperforms, potentially falling to 55,000 if it breaks 55,500. Crude oil prices are spiking due to geopolitical tensions, with $76-$78 as the next hurdle and support at $68; a break above $78 could lead to $86-$88.
GDP data, crude prices among 7 factors likely to steer D-Street this week
Indian equities are likely to take cues from a slew of domestic and global factors this week, including India’s first-quarter GDP data, US jobs numbers,
August 30, 2026