15/09/26, Market expecting positive start

Indian benchmark indices Sensex and Nifty are likely to open with cautious gains on Tuesday after the long weekend, with GIFT Nifty pointing to a positive start. However, Brent crude prices above $106 a barrel, continuing Middle East tensions and caution ahead of the US Federal Reserve's policy decision temper the global backdrop. Indian markets were closed on Monday for a holiday and will be absorbing two days of global developments when trading resumes.

GIFT Nifty was trading at 23,521 around 8 am, up 77 points, or 0.33 percent, from Monday's close. It was about 66 points, or 0.28 percent, above its Friday close. Indian equities had recovered sharply from their intraday lows in the previous trading session on Friday, September 11, but still ended marginally lower. The Sensex fell 120.83 points, or 0.16 percent, to 74,781.76, while the Nifty declined 79.70 points, or 0.34 percent, to 23,398.10, amid selling in metal, realty and PSU bank stocks.

Nifty Technical Outlook:

Ponmudi expects the Nifty to retain a weak undertone, with 23,500-23,600 acting as immediate resistance and 23,300-23,200 as the crucial support zone. A sustained move above 23,600 could open a recovery towards 23,800-24,000, while a break below 23,200 could expose the index to 23,000.

Foreign institutional investors remained net sellers for a fourth consecutive session in the previous domestic trading session, offloading equities worth Rs 930 crore on September 11. Domestic institutional investors continued to provide a counterweight, purchasing equities worth Rs 1,968 crore

Asian markets cautious ahead of US Fed decision

Asian markets were struggling for direction ahead of central bank decisions in the US and Japan. The stocks were subdued on Tuesday as investors weighed geopolitical risks, high crude oil prices and concerns around the artificial-intelligence trade.

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.12 percent, with South Korea's Kospi down 0.25 percent. Japan's Nikkei reversed early losses to trade 0.19 percent higher, while Hong Kong's Hang Seng fell 0.4 percent and the Shanghai Composite declined 0.3 percent.

Attention is firmly on the US Federal Reserve, whose two-day policy meeting begins later on Tuesday. Reuters reported that the markets are pricing in around a 90 percent probability of a rate increase, which would be the Fed's first hike since mid-2023.

Brent above $106 as Middle East supply risks persist

Crude oil remains a major concern for Indian markets, with prices rising again on Tuesday amid fresh threats to Middle Eastern energy infrastructure. Brent crude climbed 1.21 percent to $106.96 a barrel, while West Texas Intermediate rose 1.27 percent to $102.68. Yemen's Iran-aligned Houthis launched another attack on Saudi Arabia on Monday, while Riyadh blamed Iran-backed fighters in Iraq for an attack on the kingdom's east-west pipeline that it said could disrupt as much as 4 percent of global oil supply. Gulf Arab states also postponed planned talks with Iran.

Ponmudi R, CEO of Enrich Money, said the macroeconomic pressure from higher oil prices amid an uncertain geopolitical backdrop is likely to keep investor sentiment guarded at higher levels.

Wall Street falls; US 10-year yield briefly crosses 5%

US equities ended lower on Monday, and US Treasury yields remained elevated. Technology stocks were under pressure as investors also prepared for this week's Federal Reserve decision. The S&P 500 declined 0.48 percent to 7,619.94, while the Nasdaq fell 0.56 percent to 26,186.41 and the Dow Jones Industrial Average slipped 0.29 percent to 52,421.17.

Nvidia and other chipmakers came under pressure after senior executives at US artificial-intelligence companies raised safety concerns and called for a slowdown in AI development.

Written by Shaleen Agrawal

Source: Network18 

15/09/26, Bloomberg Report on BitCoin

 A rally in crypto markets has stalled as optimism wanes that a key US regulatory bill will progress this week.

The odds of the Clarity Act passing this year, which had jumped above 30% on Polymarket during the US trading session, fell back to 18% early Tuesday in Asia. That saw Bitcoin — which accounts for around 60% of the market value of all cryptocurrencies — retreat from as high as $79,586 to below $78,000 as of 8:40 a.m. in Singapore.

US Senator Mark Warner told reporters at the US Capitol that a group of Democratic negotiators would send a counteroffer to Republicans ahead of tomorrow's pivotal procedural vote on the Clarity Act, the comprehensive crypto regulation bill that has been stuck in partisan wrangling for a year. The bill will need a number of Democrats to cross party lines to advance and move later to final passage thanks to the Senate's 60-vote rule for most legislation.

“Odds of a 2026 signing sat above 70% in May, collapsed to the low teens through August and rebounded toward 30% on Monday. That is a market with no stable read,” said Rachael Lucas, an analyst at BTC Markets, citing prediction-market odds. Still, “a counteroffer is consistent with a negotiation that is still live, not one that has broken down,” she said.

Senate Majority Leader John Thune told reporters earlier Monday that progress had been made in recent days, but he didn't know if the votes would be there to advance the bill Tuesday.

The biggest sticking point has been ethics provisions that Democrats have seen as inadequate to prevent President Donald Trump from continuing to profit from crypto after he reported $1.4 billion in income last year. But other issues, including concerns from banks that crypto stablecoins could siphon their deposits, have also been the subject of massive lobbying efforts.

Republican senators released a final draft of the bill, with changes addressing some of its most contentious points.

The new version would give the Treasury secretary power to intervene if deposit flight became “detrimental” to community banks. It also added new ethics guardrails for the president and other elected officials holding cryptocurrencies. The new ethics rules would force the president to divest from virtual assets or place significant holdings in a blind trust, or else face financial penalties. It also empowered state attorneys general to play a role in enforcing the ethics rules.

Shares of crypto-related companies rallied Monday, with digital exchange Coinbase Global Inc. jumping 9.2% and stablecoin issuer Circle Internet Group Inc. increasing 7.5%.

Still, for some industry observers, the Federal Reserve's rate-setting meeting may turn out to be the most market-moving event for the digital-asset market this week.

“Markets now price roughly an 86% to 87% chance of a 25 basis point Fed hike on Wednesday, and Bitcoin appears to have absorbed much of that base case by holding in the mid-to-high $70,000s rather than breaking its August structure,” said Lacie Zhang, a research analyst at Bitget Wallet. “The larger repricing risk would come from a hawkish surprise in the statement.”

15/09/26, National Stock Exchange I P O

 Brokerages are positive on the upcoming public issue for the National Stock Exchange (NSE), as a result of its strong market position, profitability, and the overall long-term growth potential of India's capital markets.

SAMCO Securities has recommended subscribing to the NSE's issue for the long term, saying that the exchange is one of the strongest market infrastructure businesses in India. In FY26, the exchange had a 92.99 percent market share in cash equities, 99.79 percent in equity futures and 74.71 percent in equity options.

According to brokerages, the NSE's advantages include scale, liquidity, technology infrastructure, an integrated clearing ecosystem and a large investor base. SBI Securities described NSE as the “best franchise among peers”.

Further, at the upper price band of Rs 1,785, the exchange is valued at 42.9 times FY2026 earnings. This is under its listed peer, Asia's oldest exchange BSE's current valuation of 49.3x.

NSE reported revenue from operations of Rs 16,601 crore and PAT of Rs 10,302 crore in FY26, with an operating EBITDA margin of 66.9 percent and ROE of 33 percent.

The exchange also saw a pick-up in operating momentum in the first quarter of FY2027. Revenue rose 13.1 percent year-on-year, operating EBITDA increased 14.84 percent, while cash-market average daily traded value grew 25.25 percent.

SBI Securities also noted that NSE's revenue and PAT grew at a CAGR of 6 percent and 11 percent, respectively, between FY2024 and FY2026. Its technology and data businesses contributed 12 percent of FY2026 revenue, providing some diversification beyond trading.

Brokerages also see potential in NSE's wider ecosystem, including NSE Clearing, NSE Indices, market data and analytics and its GIFT City initiatives. Ventura Securities also highlighted NSE's technology capabilities, with the platform processing 21.9 billion peak order messages in a single day and 201 million trades on March 24, 2026.

The biggest concern flagged by brokerages is NSE's dependence on derivatives, particularly options. Options accounted for 60 percent of FY26 revenue from operations, while NSE's equity-options market share fell from 96.86 percent in FY24 to 68.48 percent in Q1 FY27, said brokerages.

SAMCO cautioned that further regulatory intervention or higher transaction taxes could weigh on speculative derivatives volumes. Ventura also flagged government dependency and execution risks. However, the brokerage did mention that NSE continues to generate strong returns despite a decline in FY26 revenue and profitability.

Overall, brokerages believe NSE's dominant franchise and exposure to the expansion of India's capital markets provides investors with a long-term opportunity. Importantly, at the same time, maintaining market share and reducing dependence on options revenue will remain some key monitorables for investors.

Written by Zoya Springwala 

Source: Network18 

Disclaimer: The views and investment tips expressed by investment experts here are their own and not those of us.  We advises readers and traders to check with certified experts before taking any investment decisions.

15/09/26, INDEX LEVELS

 

NIFTY 50

NIFTY BANK 

14/09/26, Today is Market Holiday

 HAPPY VINAYAK CHA.

11/09/26, NiftyBank weekly

11/09/26, INDEX LEVELS

S E N S E X

N I F T Y B A N K

10/09/26, PostMarket REPORT

The domestic equity market traded on a subdued note by midday on September 10, with the Nifty 50 hovering around 23,460 and the BSE Sensex above 74,850. Crude oil prices moving above $100 a barrel remained a key concern for the market, while several stocks gained on company-specific orders, business updates and product developments.

Here are the top movers and shakers at this hour – 

Infrastructure

Enviro Infra Engineers share price was trading 1.88% higher by midday after its step-down subsidiary Suyog Urja received a Rs224.19 crore letter of intent from Tata Power Renewable Energy for EPC turnkey work on a 180 MW NTPC wind power project at Parli, Maharashtra. The project includes foundations for 58 wind turbine generators, balance-of-plant work, a storage yard, access roads and a 33 kV transmission line, with execution scheduled by March 31, 2027. 

IRB Infrastructure Developers share price was up 2.83% by midday after the company reported a 25% year-on-year rise in toll revenue to Rs807 crore in August, compared with Rs646 crore a year earlier. IRB MP Expressway contributed Rs172 crore, while IRB Golconda Expressway and IRB Ahmedabad Vadodara Super Express Tollway contributed Rs88 crore and Rs80 crore, respectively.

Shakti Pumps

Shakti Pumps (India) Ltd. share price gained 9.43% by midday after the company disclosed a Rs235.92 crore order from Maharashtra State Electricity Distribution Company for 10,000 off-grid solar photovoltaic water pumping systems. 

The order covers 3 HP, 5 HP and 7.5 HP pumps under the Magel Tyala Saur Krushi Pump Yojana and includes supply, transportation, installation, testing and commissioning, with execution expected within 60 days. The order is equivalent to about 27% of the company’s consolidated revenue of Rs858.67 crore reported for the April-June quarter of FY27.

Ather Energy

Ather Energy Ltd. share price gained 4.3% by midday as market attention remained focused on its new Konarc electric scooter and the company’s growth prospects. The model, launched in August, is built on Ather’s new EL platform and fifth-generation Bedrock battery pack, which comes with a 10-year or 1,00,000-km warranty. The company also reduced its Q1 FY27 net loss to Rs51.09 crore from Rs178.23 crore a year earlier, while revenue grew nearly 89%.

Oil Producers

Oil And Natural Gas Corporation Ltd. share price gained over 2% by midday, while Oil India share price also advanced over 2% as Brent crude moved above $100 a barrel following rising concerns over supply disruptions in the Middle East. Higher crude prices can support realisations for upstream producers, although the impact also depends on production levels and other operating factors.

Oil Marketing Companies

Indian Oil Corporation share price was nearly flat by midday, while Bharat Petroleum Corporation Ltd. gained 0.26% and Hindustan Petroleum rose 1% as the market assessed the impact of crude prices above $100 a barrel. Higher crude costs can pressure refining and marketing margins if fuel prices are not adjusted quickly enough to pass through the increase.

Paint stocks

Asian Paints Ltd. share price declined 0.55% by midday, while Indigo Paints fell 1.28% as higher crude prices raised concerns over input costs for paints and related petroleum-based raw materials. The effect on margins will depend on the ability of companies to manage costs and pass higher expenses through pricing.

Tyre stocks

Apollo Tyres Ltd. share price declined 1.22% by midday, while MRF share price gained 0.32% as the tyre sector reacted to crude prices above $100 a barrel. Higher oil prices can raise the cost of synthetic rubber and other petroleum-linked inputs, putting pressure on margins if the increase is not offset through pricing or cost management.

Aviation stocks

InterGlobe Aviation Ltd. share price declined 0.74% by midday, while Spicejet Ltd. fell 0.64% as crude oil prices crossed the $100-a-barrel mark. Aviation turbine fuel is a major operating expense for airlines, making a sustained increase in crude prices a potential pressure on operating costs and profitability.

Reliance Industries

Reliance Industries Ltd. share price was affected by the mixed impact of higher crude prices on its integrated business. Its upstream oil operations can benefit from stronger crude realisations, while higher feedstock costs can weigh on petrochemicals, leaving the overall impact dependent on refining and petrochemical margins.

ESDS Software Solution

ESDS Software Solution share price gained 10% by midday, extending its post-listing rally and hitting the upper circuit for the second consecutive session at the revised 10% limit. The stock has risen sharply from its Rs429 IPO issue price since listing, with the company attracting strong market interest following its debut and subsequent upper-circuit sessions.

Written by Siwangini Gupta 

Source: Financial Express

10/09/26, Chinese President in India

Chinese President Xi Jinping  will visit New Delhi on September 12 and 13 for the BRICS Summit, making this his first trip to India in seven years. The visit comes as India-China ties enter a more cautious phase after years of tensions following the 2020 border crisis.

Narender Modi and Xi are expected to hold a bilateral meeting on the sidelines of the summit. The talks could focus on the border situation, trade, investment, technology, business ties and the wider relationship between the two countries.

India is hosting the 18th BRICS Leaders’ Summit this year. The official programme includes discussions on multilateralism, inclusive global growth, resilience, innovation, cooperation and sustainability, as well as food and energy security, health, disaster resilience and critical supply chains.

PM Modi and Xi bilateral meeting, however, is expected be the most closely watched part of the visit.

What’s on agenda for Modi-Xi’s meeting?

Border and security are likely to remain central to the discussions. India and China have taken steps to reduce tensions along the Line of Actual Control since the 2020 border crisis, but the relationship continues to carry a significant trust deficit.

Harsh Pant, vice president at New Delhi-based Observer Research Foundation, told Reuters that the “trust deficit” between the two countries remained high. China also wants to see how far India is prepared to take the recent improvement in relations. 

Lin Minwang, a South Asia expert at Shanghai’s Fudan University and a former diplomat at the Chinese Embassy in New Delhi, told Reuters that China wanted better relations but was waiting to see how far India was willing to go. “China certainly wants to improve ties, but we are waiting to see to what extent India is actually willing to improve them,” Lin said.

Trade and investment are another major part of the agenda. India has eased some restrictions on Chinese investment, particularly in areas such as electronics, capital goods and solar cells. New Delhi has also considered faster approvals for some joint ventures involving Indian and Chinese companies.

India has already approved a manufacturing partnership between Dixon Technologies and Chinese smartphone maker Vivo.

But Chinese investment has not returned to pre-2020 levels, and security concerns continue to influence investment decisions.

The meeting could therefore provide an opportunity for both sides to discuss whether more economic engagement is possible while protecting India’s strategic and national security interests.

Technology and supply chains are also likely to matter. Chinese companies remain important suppliers of components, machinery and technology for several Indian industries, including electronics and solar energy. At the same time, India wants to reduce excessive dependence on China in sensitive sectors.

Some Chinese-made equipment and components required for Indian solar, electronics and infrastructure projects have faced delays at Chinese customs. According to Reuters, Chinese authorities had asked companies to restrict the sale of some critical technology and infrastructure equipment to India.

These issues could make technology access and supply-chain reliability an important part of the economic conversation between PM Modi and Xi.

Business and people-to-people ties could form another part of the discussions.

India and China have resumed direct flights, while India has also eased visa procedures for Chinese business professionals. However, some Indian business people with interests in China have recently faced difficulties obtaining visas, reported Reuters.

Why does BRICS summit matter?

Xi’s visit comes as India hosts the 18th BRICS Leaders’ Summit, giving the two countries a broader platform for discussions beyond their bilateral relationship.

India’s BRICS agenda includes multilateralism, global growth, resilience, innovation, cooperation and sustainability. Food and energy security, health, disaster resilience and critical supply chains are also part of the programme.

West Asia could be another issue requiring careful discussion. The Indian Express Digital reported that BRICS negotiators were working on a joint declaration amid the continuing conflict in West Asia. The grouping includes countries with different positions on the conflict, including Iran, Saudi Arabia and the UAE.

India and China may not agree on every geopolitical issue, but both have an interest in keeping BRICS focused on cooperation among emerging economies and reforms to global institutions.

The BRICS platform could therefore provide PM Modi and Xi with an opportunity to discuss wider geopolitical issues while their bilateral meeting focuses on India-China relations.

India-China relations: What changed after 2020?

The two countries fought a brief war in 1962, after which their relationship remained cautious for decades. The biggest recent setback came in 2020, when troops from the two countries clashed in eastern Ladakh. Twenty Indian soldiers and four Chinese soldiers were killed in the confrontation.

Relations remained strained for several years as the two sides worked to manage the military standoff along the Line of Actual Control.

A gradual diplomatic thaw began later. PM Modi and Xi met in Kazan, Russia, in October 2024 after the two countries reached an understanding aimed at easing the military standoff along the Line of Actual Control. The leaders also met briefly at a regional forum in Kyrgyzstan this month, although they did not hold a formal bilateral meeting, Reuters reported.

Xi’s September visit will therefore be a more significant opportunity for the two leaders to assess whether that thaw can develop into a broader improvement in relations.

Written by Dimple Singh

Source: Financial Express 

10/09/26, SENSEX MONTHLY GRAPH

10/09/26, Public Sector on sale by Central Government

 The Centre is on course to exceed its Budget estimate for disinvestment and asset monetisation for the first time in eight years, having already raised nearly 78 percent of its Rs 80,000-crore target for 2026-27 with more than half the financial year still remaining.

The government has mobilised Rs 62,124 crore from stake sales and asset monetisation so far in FY27, leaving it just Rs 17,876 crore short of the full-year Budget estimate.

09/09/26, NiftyBank graph for 10/09/26

 

09/09/26, NIFTY BANK

 

09/09/26, INDEX LEVELS

 

08/09/26, BANKNIFTY

08/09/26, Copper Prices

Copper surged to its highest-ever price on the London Metal Exchange after a weeks-long rally fueled by anticipation that President Donald Trump will expand US tariffs to imports of refined metal.

Benchmark three-month futures on the LME gained as much as 0.8% to reach $14,533 a ton, beating the previous record set in January, before paring some of those advances.

Copper's 17% advance this year — and 47% over the past 12 months — has been underpinned by a long-term mismatch in supply and demand. The world's ageing fleet of big mines is struggling to keep pace with usage from data centers, renewable energy and power grids — a backdrop trumpeted by copper bulls for years.

But shorter-term factors have come to the fore — especially the hundreds of thousands of tons shipped to the US this year by traders seeking to profit from higher prices there. The market is still pricing in the possibility of tariffs on primary copper imports, some two months after the Department of Commerce was due to issue a report to the White House advising on whether the levies are necessary.

While total global stockpiles are relatively high, they're now heavily concentrated in the US, as metal in the LME's sprawling global network has dwindled. That's sapped short-term availability, put pressure on holders of short positions and helped send prices to a record even in a tepid environment for demand.

“This is driven more by the relocation of metal due to tariffs than by excess final demand,” said Cristián Cifuentes, senior analyst at Chilean copper industry think tank, Cesco. “It's a case of localized shortages rather than a global demand surplus.”

Monday's gains in London came despite subdued trading conditions, with the closure of US exchanges for the Labor Day holiday sapping risk appetite across financial markets.

The rally has also come despite growing macroeconomic and geopolitical headwinds, from the war in Iran to a surge in US borrowing costs that will heap pressure on capital-intensive manufacturing businesses globally. High prices themselves could also pose a threat to usage as buyers seek alternatives, but so far such demand-side pressures have done little to slow copper's ascent.

The record-breaking imports to the US have been fueled by a persistent premium for copper futures traded on New York's Comex. That's opened a huge arbitrage opportunity for traders since President Trump first formally proposed levies on copper in February last year.

The tariff trade has had a draining effect on global inventories, culminating in a major squeeze on the LME last month as the stockpiles that underpin trading in its copper contracts declined to critically low levels. While fresh deliveries have eased some of the strain, spot prices continue to trade at a steep premium to three-month futures on the LME, in a condition known as backwardation that signals demand is exceeding supply.

Higher copper prices have been a major boon for the world's biggest miners, which have long touted their desire to get more exposure to a metal that's heading for a long demand boom. Rio Tinto Group, BHP Group, Glencore Plc and Zijin Mining Group Co. all posted big profit increases in their latest earnings reports, helped by the performance of their copper units.

Still, several major miners have been beset by operational challenges this year. Data released Monday showed copper export revenue from top producer Chile sank to the lowest in more than a year in August. Unless the industry stages a second-half recovery, global mined supply will register its first annual decline since 2017.

The combination of strong demand growth and supply challenges “should bring about a tighter future market balance supporting higher prices,” wrote Michael Cuoco, head of metals at StoneX Financial Inc.

Source: Bloomberg

08/09/26, INDEX LEVELS

08/09/26, Share Market Strategy

The Nifty 50 fell half a percent on September 7, marking a negative start to the week. Bearish sentiment strengthened further as the index fell below the previous week's low, while the short-term moving averages remained below the 50- and 100-day EMAs, and momentum indicators weakened further. Hence, experts see a high possibility of the Nifty 50 breaking below 23,606 (July low) in the short term, followed by 23,500, which are the immediate key support levels. On the higher side, the 23,900–24,000 zone is likely to act as resistance.

Resistance based on pivot points: 23,860, 23,896, and 23,954

Support based on pivot points: 23,744, 23,708, and 23,650

Special Formation: The Nifty 50 formed a bearish candle on the daily chart, indicating weakness. The 10-, 20-, 50- and 100-day EMAs sloped downward, while the 10- and 20-day EMAs remained below the 50- and 100-day EMAs. The RSI fell to 34.72, while the MACD declined further and remained below both the zero line and the signal line, with the red histogram bars expanding. All these factors indicate that the underlying momentum remains weak and the bearish trend is strengthening.

Nifty Call Options Data

According to the weekly options data, the 24,000 strike holds the maximum Call open interest (with 2.11 crore contracts). This level can act as a key resistance level for the Nifty in the short term. It was followed by the 23,800 strike (1.71 crore contracts) and 23,900 strike (1.69 crore contracts).

Maximum Call writing was observed at the 23,800 strike, which saw an addition of 1.51 crore contracts, followed by the 23,900 and 23,850 strikes, which added 1.19 crore and 1.07 crore contracts, respectively. There was hardly any Call unwinding seen in the 23,400-24,300 strike band.

Nifty Put Options Data

On the Put side, the maximum Put open interest was seen at the 23,500 strike (with 1.1 crore contracts), which can act as a key support level for the Nifty in the short term. It was followed by the 23,600 strike (1 crore contracts) and the 23,700 strike (94.69 lakh contracts).

The maximum Put writing was placed at the 23,750 strike, which saw an addition of 29.65 lakh contracts, followed by the 23,650 and 23,450 strikes, which added 27.02 lakh and 18.46 lakh contracts, respectively. The maximum Put unwinding was seen at the 23,900 strike, which shed 75.84 lakh contracts, followed by the 23,950 and 24,000 strikes, which shed 40.9 lakh and 26.49 lakh contracts, respectively.

Levels For  BankNifty (57,088)

Resistance based on pivot points: 57,335, 57,435, and 57,597

Support based on pivot points: 57,011, 56,911, and 56,749

Resistance based on Fibonacci retracement: 57,367, 57,684

Support based on Fibonacci retracement: 56,870, 56,493

Special Formation: The Bank Nifty formed a long red candle on the daily timeframe and slipped below its 50-day EMA, indicating mounting selling pressure. With this, the index is now trading below its short- and medium-term moving averages, signalling weakness in the near term. The RSI declined to 44.56, while the MACD remained below the zero line, with the red histogram bars expanding for the fifth consecutive session. All these factors indicate that the bearish momentum is strengthening and the near-term outlook remains weak.

Bank Nifty Call Options Data

According to the monthly options data, the 57,500 strike holds the maximum Call open interest, with 20.22 lakh contracts. This can act as a key level for the index in the short term. It was followed by the 58,000 strike (13.58 lakh contracts) and the 57,000 strike (4.9 lakh contracts).

Maximum Call writing was observed at the 57,000 strike (with the addition of 1.88 lakh contracts), followed by the 57,200 strike (1.07 lakh contracts) and 57,500 strike (74,130 contracts). The maximum Call unwinding was seen at the 56,700 strike, which shed 58,680 contracts, followed by the 56,400 and 58,300 strikes, which shed 420 and 300 contracts, respectively.

Bank Nifty Put Options Data

On the Put side, the maximum Put open interest was concentrated at the 57,500 strike (with 19.33 lakh contracts), which can act as a key level for the index in the short term. This was followed by the 58,000 strike (9.56 lakh contracts) and the 57,000 strike (8.61 lakh contracts).

The maximum Put writing was placed at the 57,000 strike (which added 31,440 contracts), followed by the 57,100 strike (25,770 contracts) and 57,200 strike (18,240 contracts). The maximum Put unwinding was seen at the 58,000 strike, which shed 90,150 contracts, followed by the 57,400 and 57,800 strikes which shed 57,570 and 52,650 contracts, respectively.

Report by Sunil Sankar Matkar 

Source: Network18 

07/09/26, Commodities & Currency

US Treasury yields move higher

US Treasury yields moved higher on Friday, with the 10-year yield rising over 2 basis points to 4.784%. The 2-year yield climbed more than 4 basis points to 4.377%, while the 30-year yield was little changed at 5.245%.

Crude oil

Crude Oil prices were trading higher in early Monday trade, with Brent crude up 0.29% at $96.56 a barrel, while US crude gained 0.53% to $91.97 a barrel.

Gold rate today 

In the latest trading session, COMEX gold fell 0.11% to 4,471.60.

The rate for 24-carat gold today is Rs 1,54,790 per 10 grams. The 24 kt gold rate today in Delhi is Rs 1,54,940 per 10 grams. The 18-carat gold price today in India is Rs 1,16,090. The 24-carat gold rate in Dubai today is Rs 1,53,040.

Silver rate today

In the latest trading session, COMEX silver up 0.17% to 66.86.

Silver prices in India stood at Rs 249.90 per gram, while the price was Rs 2,49,900 per kilogram.

FII, DII data

On September 4, Foreign institutional investors (FII) sold Rs 3,111.94 crore worth of Indian equities, turning net sellers during Friday’s session. Domestic Institutional Investors (DIIs), meanwhile, remained buyers and invested Rs 8,930.12 crore in the market, according to National Stock Exchange (NSE) data.

US dollar 

The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.08% lower at 99.10. The index evaluates the strength or weakness of the US dollar in comparison to major currencies.

The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. On September 4, the Indian Rupee gained 2 paise to settle at 94.49 (provisional) against the US dollar, compared with the previous close

Written by Olivia Kunjumon 

Source: FinancialExpress

07/09/26, Markets Information

 

 Asian markets are trading higher today, 7/9/26, but GIFT Nifty is in the red signalling a cautious start for Indian equities. Crude oil prices remained elevated, with Brent above $96 a barrel. Here are the top global and domestic cues investors need to watch today.

Indian equity benchmarks ended Friday in positive territory. The Nifty 50 gained 24 points, or 0.10%, to close at 23,897.70, while the Sensex rose 362.57 points, or 0.48%, to 76,515.43.

Key global and domestic cues for 7/9/2026

Asian Markets

Asian markets started Monday on a positive note, with Japan’s Nikkei 225 gaining nearly 1% and the Topix rising 0.55%. South Korea saw stronger gains, as the Kospi climbed 3.09% and the Kosdaq advanced 1.33% at the open. Australia’s S&P/ASX 200 remained largely unchanged.

US markets

US stock markets will remain closed on Monday due to a public holiday, with regular trading set to resume on Tuesday.

US stocks ended lower on Friday. The Dow Jones Industrial Average fell 271.86 points, or 0.51%, to 53,414.25. The S&P 500 declined 0.38% to 7,718.60, while the Nasdaq Composite slipped 0.29% to 26,506.99.

written by Olivia Kunjumon

Source: FinancialExpress