Daily Market Quote: 26 August 2026

Authored By Prime Research | Published at: Aug 26, 2026 04:57 PM IST

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Though, technically this market action display sharp reversal on the downside, but the overall market breadth remained positive with outperformance seen in broad market indices.

The underlying trend of Nifty remains subdued within a high low range of 24100-24400 levels. A decisive breakout only above 24400-24500 levels not only confirm the valid breakout but also open more sustainable upside in the near-term. Any slide below the support of 24100-24000 is likely to trigger fresh weakness.

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