logo
EquityWireEquity Alert: Mkt seen rangebound, West Asia war may dampen sentiment
Equity Alert

Mkt seen rangebound, West Asia war may dampen sentiment

This story was originally published at 08:48 IST on 24 August 2026
Register to read our real-time news.

Informist, Monday, Aug. 24, 2026                                      Tel +91 (22) 6985-4000


Equity Alert: Mkt seen rangebound, West Asia war may dampen sentiment

 

MUMBAI--0802 IST--Indices are expected to move in a range Monday with US threats of fresh economic sanctions against Iran to weigh down on sentiment. The possibility of a ceasefire agreement between both the parties faded with the economic sanctions. The crude oil prices were around $93 per barrel. 

 

"We are now entering the endgame," said US Secretary of the Treasury Scott Bessent, in a post on X. Bessent wrote President Donald Trump has dismantled Iran's military capabilities, destroyed nearly 100% of its military factories, and buried its nuclear programme. He said the D-Day has began, terming it as "the single greatest financial offensive ever marshaled against an adversary." Bessent said Trump has created the conditions to leverage every agency, every authority, and action many assumed US would never summon. "Our objective is to sever every economic lifeline that sustains the tyrannical regime until Tehran stands alone," Bessent said in the post.

 

"The overall chart structure remains sideways as long as the index trades within the 23600–24700 spot zone," Vipin Kumar, assistant vice-president of research at Globe Capital Market, said. Kumar added, a lack of fresh domestic triggers points towards further consolidation in the immediate near term. He said a move above 24300 could lead it towards 24450, and a fall below 24180 could drag it back to 24000. 

 

Asian indices moved on a mixed note Monday with South Korea's Kospi being the major laggard in the region. The tech-heavy index was down over 2%. China's Hang Seng Index and CSI 300 were down over 2% and nearly 1%, respectively. The Wall Street indices ended higher Friday, with the Nasdaq Composite and S&P 500 up 0.4% higher each. Dow Jones Industrial Average closed up nearly 1%.   (Adhithya Aji)


Equity Alert: US indices close higher Fri but fall weekly as bond ylds gain

 

MUMBAI--0743 IST--US indices closed higher on Friday but were down on a weekly basis, after fluctuations in government bond yields and lack of clarity on the US-Iran war made investors jittery. The Dow Jones Industrial Average outperformed its peers and ended nearly 1% higher, supported by gains in healthcare stocks. The broader S&P 500 and the Nasdaq Composite closed 0.4% higher each. 

 

The financial sector boosted the performance in the broader market as the weekly rise in Bitcoin helped drive gains in crypto-related stocks. Shares of Robinhood and Coinbase were up nearly 14% and 8%, respectively. Materials sector also outperformed and was up 2%, according to the report by CNBC. On a weekly basis, the S&P 500 index was down 1.4%, while the tech-heavy Nasdaq shed around 2%. The Dow Jones Industrial Average fell nearly 1% over the week. 

 

Friday, the major indices partially recovered from their losses on Thursday as bond yields resumed their climb. Long-term bonds have particularly been under pressure as inflation fears rose amid rising oil prices, according to CNBC. The yield on the 10-year US treasury note rose more than 3 basis points to 4.734% and the 30-year treasury bond yield gained more than 3 bps to 5.273%. 

 

Equities could see even more losses if treasury bond yields continue to rise and the West Asia war persists, Leo Kelly, founder and chief executive officer of Verdence Capital Advisors told CNBC. On the 10-year yield, the market has adjusted to 4–5%, but if it went to 6-7%, the market would respond to that poorly, he added. 

 

Following are the closing levels of major US indices on Friday:

 

Index

Level

Change in %

Dow Jones Industrial Average

53277.01 1

NASDAQ Composite

26180.455 0.4

S&P 500

7674.37 0.4

 

(Vidhi Thacker)

 

US$1 = INR 95.70

 

Edited by Akul Nishant Akhoury

 

All prices from National Stock Exchange, unless otherwise specified.

All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.

All times are Indian Standard Time.

 

NSE: National Stock Exchange
NYSE: New York Stock Exchange
NYMEX: New York Mercantile Exchange
SEBI: Securities and Exchange Board of India
RBI: Reserve Bank of India

Internet links:
Securities and Exchange Board of India - http://www.sebi.gov.in
Bombay Stock Exchange - http://www.bseindia.com
National Stock Exchange of India - http://www.nseindia.com
Directory of Indian government websites - http://goidirectory.nic.in
Indian Ministry of Finance - http://www.finmin.nic.in
Reserve Bank of India - http://rbi.org.in
Controller General of Accounts, Government of India - http://www.cga.nic.in
Government's Press Information Bureau - http://www.pib.nic.in

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.

To read more please subscribe

Share this Story:

twitterlinkedinwhatsappmaillink

Related Stories