US Treasury Secretary Scott Bessent on Monday announced a sweeping new economic campaign against Iran, warning that countries and entities engaged in money laundering or continued financial dealings with Tehran face a defined timeline to shut down such activities or be cut off from the US dollar system.
US launches economic onslaught against Iran, warns money-laundering enablers face Dollar system removal – Daily Market Update 25th Aug 2026
Overview and Outlook
Global Stock Market Today
- US equity markets, barring Dow Jones, settled lower.
- European equity markets, barring FTSE, ended on a negative note.
- Majority of Asian equity markets are trading in red.
- GIFT Nifty is down by 50 points, Nifty futures likely to open around 24160 levels.
The Nifty index entered the gap left during the rally on Aug 20, 2026, and settled on a slightly negative note.
The performance on the broader front was mix as Mid cap index settled on a flat to positive note while Small cap index ended on a slightly negative note.
The performance on the sectoral front was once again mix and muted. Among them, Nifty Metal index was at the top of the tally, gained over 1.5% followed by Nifty Realty index that gained 0.60%. On the flip side, Nifty PSU Bank, Cement and Media index were at the bottom of the rally, fell in range 0.58% to 0.93%.
Technically, the Nifty index has been hovering within a tight 300-point range (24026–24313 spot zone) for the past five trading sessions. Going ahead, a cross and sustenance above 24320 spot could lead the index towards the 24450–24480 spot zone; conversely, a decisive fall below 24000 spot could drag it towards the 23880–23800 spot zone in the immediate near term.
Derivatives Overview & Outlook
Yesterday, short buildup was seen in Nifty and Finnifty futures with an increase in open interest by around 3.5% and 1% respectively. Midcapnifty shed 1.7% of open interest without any significant change in price. On the other hand, no significant change was observed in Banknifty futures on open interest front.
Performance on the sectoral front was mix. Among them, long unwinding was seen among Automobiles, Banking and Cement stocks whereas some short covering was seen among Metal, Oil & Gas and Pharma stocks.
On options front, call writting along with some put unwinding at multiple OTM strikes. Maximum positions are at 24300 CE closely followed by 24200 CE and 24000 PE followed by 24200 PE.
Institutional Trading Activity
Yesterday, FIIs bought stocks worth Rs 1182 Cr in the cash segment, sold index futures worth Rs 1565 Cr and bought stocks futures worth Rs 205 Cr. DIIs too were net buyers in the cash segment to the tune of Rs 2493 Cr.
Nifty Futures, Banknifty Futures and Finnifty Futures Key Levels
Nifty – Resistances 24320-24500; Supports 24080-23900
Banknifty – Resistances 57900-58200; Supports 57100-56800
Finnifty – Resistances 26250-26400; Supports 26000- 25900
F&O stocks in ban today: None
Disclosure
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