Sensex Today, Nifty 50 | Stock Market Live Updates: Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 12th August 2026.<\/p>\n
Indian equity markets opened on a weak, largely flat note on Wednesday, weighed down by rising crude oil prices, weak global cues and lingering geopolitical uncertainty.\u00a0<\/p>\n
Around 10.05 am, Sensex dragged 325.25 pts or 0.42% to 77,829, and Nifty 50 fell 106.85 pts or 0.44% to 24,364.85. Investors will closely track the US Consumer Price Index data for clues on inflation and the Federal Reserve\u2019s interest-rate trajectory.\u00a0<\/p>\n
Domestic indicators remain supportive, with net direct tax collections rising 23.09 per cent to over \u20b98.11 lakh crore through August 10. Fitch Ratings has also affirmed India\u2019s sovereign rating at BBB- with a Stable Outlook, citing public capital expenditure, recovering private investment and favourable demographics.\u00a0<\/p>\n
Overnight, Wall Street ended lower, while Asian markets were mixed. Persistent uncertainty around US-Iran negotiations and the reopening of the Strait of Hormuz could keep risk appetite subdued. Elevated energy costs remain a key concern for India, given its dependence on crude oil imports.<\/p>\n
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* Trend: Bearish; Nifty 50 is hovering around 24,360, down nearly 0.5%.<\/p>\n
* Market breadth: Bearish, with the advance\/decline ratio at 10:40.<\/p>\n
* Sectoral trend: Most sectors are in the red; PSU Bank and Metal are outperforming.<\/p>\n
* Next support: 24,200; a break below 24,400 could trigger further selling.<\/p>\n
* Futures trend: August Nifty futures are down about 0.35% near 24,450.<\/p>\n
* Momentum: Negative, with bears maintaining control.<\/p>\n
* Trading view: Nifty futures could decline towards 24,400; a sustained break below this level could extend the fall.<\/p>\n
* Fresh trade: Consider shorting around 24,480, with a target of 24,400 and stop-loss at 24,540.<\/p>\n
* Existing short: Hold the short position initiated at 24,540; revise stop-loss to 24,540 and book profits at 24,400.<\/p>\n