🔴 Bank Nifty — News Today (31 Aug 2026)

1. RBI FCNR(B) scheme deadline — TODAY

• RBI’s special dollar-deposit/swap facility reaches its Aug 31 deadline.
• Banks have raised significant foreign-currency funds under the scheme; this could affect liquidity and banking stocks today.

2. HDFC Bank — major stock-specific trigger

• HDFC Bank is evaluating candidates for its next CEO as current CEO Sashidhar Jagdishan prepares to retire in October.
• The stock has already been under pressure, making HDFC Bank an important Bank Nifty heavyweight to watch.

3. Global risk-off mood ⚠️

• Asian markets are lower today, while Brent crude jumped to around $89/barrel amid geopolitical tensions.
• Higher crude + higher US yields could create pressure on Indian equities and banking sentiment.

4. Weak opening expected

• GIFT Nifty is indicating a weak start for Indian markets, so Bank Nifty may open under pressure.

🔴 NIFTY 50 — News Today, 31 Aug 2026

1. ⚠️ Weak opening expected

• GIFT Nifty is around 24,217, indicating a gap-down opening of roughly 100+ points.

2. 🛢️ Crude oil is the biggest risk

• Brent crude has moved back toward $90, following renewed US–Iran tensions.
• Higher crude can pressure the rupee, inflation and Indian equities.

3. 🌍 Global markets negative

• Asian markets are under pressure, with Japan and South Korea notably lower.
• US rate-hike expectations and higher bond yields are adding pressure.

4. 🇮🇳 Important domestic data this week

• India’s GDP data and upcoming economic indicators are key market triggers.
• US jobs data will also influence global risk sentiment.

📊 Nifty levels to watch

• Support: 24,075 → 24,000–23,800
• Resistance: 24,190 → 24,300–24,350
• Friday close: 24,175.65.

📊 BANK NIFTY — Today, 31 Aug 2026

Bank Nifty closed around 57,496 on Friday.

🔴 Support

• 57,300–57,200 — immediate support
• 57,000 — major support
• Below 57,000 → selling can increase toward 56,700–56,500.

🟢 Resistance

• 57,600–57,700 — immediate resistance
• 57,800–58,000 — major resistance zone
• Above 58,000 → possible move toward 58,300–58,500.

Intraday bias:
➡️ Above 58,000 = bullish confirmation
➡️ Below 57,200 = bearish pressure
➡️ Between 57,200–58,000 = range-bound/

📊 NIFTY 50 — Support & Resistance Today (31 Aug 2026)

Nifty closed Friday at 24,175.65.

🔴 Support

• 24,100–24,075 — immediate support
• 24,000 — major support
• 23,800 — next major support

🟢 Resistance

• 24,190–24,220 — immediate resistance
• 24,300–24,350 — next resistance
• 24,400 — major breakout level
• Above 24,400 → 24,800 possible zone

⚡ Intraday view:
➡️ Above 24,220 and sustaining = bullish toward 24,300–24,400
➡️ Below 24,075 = bearish toward 24,000–23,800
➡️ 24,075–24,220 = likely choppy zone.

📊 SENSX — Important Levels Today, 31 Aug 2026

Sensex closed Friday at 77,264.51.

🔴 Support

• 77,000 — immediate support
• 76,700–76,500 — next support zone
• Below 76,500 → further weakness possible

🟢 Resistance

• 77,500 — immediate resistance
• 77,800–78,000 — major resistance zone
• Above 78,000 → bullish momentum can strengthen

⚠️ news: Global markets are weak today, while Brent crude is around $89+ after renewed US–Iran tensions. This could keep Sensex volatile.

Intraday view:
➡️ Above 77,500 = bullish bias
➡️ Below 77,000 = bearish pressure
➡️ 77,000–77,500 = important decision zone.