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D-Street braces for weak opening on negative GIFT Nifty cues

Domestic equities opened the week lower, with the Nifty closing down at 24,287 points. Analysts anticipate range-bound trading as focus shifts to global macro and geopolitical developments. The Strait of Hormuz and crude oil prices are key near-term drivers, raising price risks. Investors will also monitor US Federal Reserve meeting minutes for interest rate outlook. Foreign portfolio investors net sold shares, while domestic institutions were net buyers.

18 Aug 2026 6:00 am