NG TV ENGLISH EXCLUSIVE
MARKET OUTLOOK — WEDNESDAY, 26 AUGUST 2026
NIFTY 50 | BANK NIFTY | GOLD | SILVER | MUTUAL FUNDS
Market mood: Tuesday’s session ended on a positive note, but volatility remains high. Nifty 50 closed at 24,334.55, gaining 115.50 points, while Bank Nifty ended almost flat at 57,514.20. Crude oil eased, providing some relief, although geopolitical risks remain an important trigger.
📈 NIFTY 50 — BULLISH ABOVE 24,300
Nifty’s recovery above 24,300 has improved the short-term technical picture. Analysts identify 24,200 as immediate support, followed by 24,050–24,000. On the upside, 24,450–24,500 is the crucial resistance zone; a sustained breakout could open the way towards the August high near 24,774.
NG TV View:
🟢 Above 24,400–24,500: bullish momentum may strengthen.
🟡 24,200–24,400: consolidation zone.
🔴 Below 24,200: caution; weakness could extend towards 24,050–24,000.
OPTION MARKET WATCH
For option traders, the key battle is around the 24,300–24,500 zone. A breakout should ideally be accompanied by strong volume and sustained price action rather than a brief spike.
Bias: MILDLY BULLISH, BUT VOLATILE
🏦 BANK NIFTY — WAIT FOR CONFIRMATION
Bank Nifty closed at 57,514.20. The index continues to find support around its 50-day EMA near 57,245, while reclaiming the 20-day EMA around 57,528 could strengthen the upside case. Resistance is placed around 57,768–57,925.
NG TV View:
🟢 Above 57,550: positive momentum.
🎯 57,768–57,925: key upside zone.
🔴 Below 57,245: caution increases.
OPTION BIAS: NEUTRAL TO MILDLY BULLISH
🪙 GOLD — STRONGER BULLION CHART
MCX Gold remained technically stronger than silver on Tuesday. The October contract was around ₹1,63,720 per 10 grams, with immediate resistance near ₹1,63,800, followed by ₹1,64,500.
NG TV View:
A sustained move above ₹1,63,800 could support another leg higher, while failure to hold short-term moving-average support could trigger consolidation.
Bias: 🟢 BULLISH
🥈 SILVER — HIGH VOLATILITY ZONE
Silver is showing a more cautious technical setup. The September contract was around ₹2,44,461/kg, with resistance around ₹2,45,230 and then ₹2,48,000. Key support stands near ₹2,41,999.
NG TV View:
🟢 Above ₹2,45,230: recovery may strengthen.
🔴 Below ₹2,41,999: downside pressure could increase.
Bias: 🟡 CONSOLIDATION WITH NEGATIVE RISK
💰 MUTUAL FUND WATCH
Among equity funds currently showing strong historical performance, Invesco India Smallcap Fund – Direct Growth stands out, with reported annualised returns of 24.52% over three years and 21.8% over five years, according to current fund-performance data.
Other notable performers in the current data include HDFC Defence Fund, with a reported 1-year return of 30.8%, and Bandhan Small Cap Fund, with 26.35% annualised 3-year returns.
⭐ NG TV MF WATCHLIST
Invesco India Smallcap Fund — Direct Growth
Category: Small Cap
3-Year annualised: 24.52%
5-Year annualised: 21.80%
1-Year: 16.10%
Important: Past performance does not guarantee future returns. Small-cap and thematic funds can carry substantially higher volatility.
🚨 NG TV ENGLISH MARKET ALERT
Tomorrow’s market could remain volatile, particularly after the expiry-related swings seen on Tuesday. The Nifty’s ability to hold 24,300 and Bank Nifty’s ability to reclaim 57,528 will be important short-term signals.
NG TV CALL OF THE DAY
NIFTY 50: 🟢 Mild Bullish
BANK NIFTY: 🟡 Neutral–Bullish
GOLD: 🟢 Bullish
SILVER: 🟡 High Volatility
MF: 🟢 Small-cap performance remains strong, but risk is elevated
⚠️ DISCLAIMER: This is an educational market outlook, not a recommendation to buy or sell securities or options. Options trading involves substantial risk and can result in rapid losses. Investors should consider their risk profile and consult a SEBI-registered investment adviser where appropriate.
NG TV ENGLISH
YOUR MARKET. YOUR MONEY. YOUR VOICE.
