{"id":190647,"date":"2025-09-01T03:13:15","date_gmt":"2025-09-01T03:13:15","guid":{"rendered":"https:\/\/www.europesays.com\/us\/190647\/"},"modified":"2025-09-01T03:13:15","modified_gmt":"2025-09-01T03:13:15","slug":"nifty-today-gift-nifty-up-60-points-heres-the-trading-setup-for-todays-session","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/190647\/","title":{"rendered":"Nifty today: GIFT Nifty up 60 points; here&#8217;s the trading setup for today&#8217;s session"},"content":{"rendered":"<p>Markets ended the holiday-shortened week in the red, as sentiment was dampened by concerns over the impact of US tariffs on Indian exports that came into effect during the week. Analysts suggest a cautious and balanced approach heading into the macro-heavy week.<\/p>\n<p><strong>STATE OF THE MARKETS<br \/><\/strong><strong><a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"https:\/\/m.economictimes.com\/topic\/gift-nifty\" target=\"_blank\" rel=\"noopener\">GIFT Nifty<\/a> (Earlier SGX Nifty) signals a positive start<br \/><\/strong>GIFT Nifty on the NSE IX traded higher by 60 points, or 0.24 per cent, at 24,613, signaling that Dalal Street was headed for a positive start on Monday.<\/p>\n<p><\/p>\n<ul>\n<li><strong>Tech View:<\/strong> Despite being in oversold territory, there are still no signs of short covering, suggesting that the weakness may persist for some more time. On the downside, the 200-DMA at 24,070 acts as a crucial support, while on the upside, the 100-DMA at 24,700 remains an important resistance.<\/li>\n<li><strong>India VIX:<\/strong> India VIX, which is a measure of the fear in the markets, fell 3.5% to settle at 11.75 levels.<\/li>\n<\/ul>\n<p><strong><a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"https:\/\/m.economictimes.com\/topic\/us-stocks\" target=\"_blank\" rel=\"noopener\">US stocks<\/a> end lower<br \/><\/strong>The S&amp;P 500 pulled back from record levels on Friday, weighed down by declines in AI-linked stocks such as Dell and Nvidia, as investors digested inflation data highlighting the effect of tariffs. In contrast, Alibaba\u2019s U.S.-listed shares rallied after the company reported strong growth in its cloud computing business.<strong><a ref=\"dofollow\" data-ga-onclick=\"Inarticle articleshow link click#Markets#href\" href=\"https:\/\/m.economictimes.com\/topic\/asian-shares\" target=\"_blank\" rel=\"noopener\">Asian shares<\/a> retreat<br \/><\/strong>Asian equities opened lower after a selloff in technology stocks hit Wall Street Friday, with chip shares among the losers.<\/p>\n<ul>\n<li>S&amp;P 500 futures rose 0.2% as of 9:29 a.m. Tokyo time<\/li>\n<li>Hang Seng futures rose 1.2%<\/li>\n<li>Japan\u2019s Topix was little changed<\/li>\n<li>Australia\u2019s S&amp;P\/ASX 200 fell 0.2%<\/li>\n<li>Euro Stoxx 50 futures rose 0.3%<\/li>\n<\/ul>\n<p><img decoding=\"async\" alt=\"ET logo\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/118783427.cms.png\" width=\"90%\"\/>Live Events<strong>Oil in tight range<br \/><\/strong>Oil prices traded in a tight range on Monday as worries about rising output and the impact of U.S. tariffs on demand offset supply disruptions stemming from intensified Russia-Ukraine airstrikes.<br \/><strong>Dollar drifts<br \/><\/strong>The dollar was adrift on Monday as markets looked ahead to a raft of U.S. labour market data this week that could determine the size of the Federal Reserve&#8217;s expected rate cut later this month.<br \/><strong>Stocks in F&amp;O ban today<br \/><\/strong><br \/>NIL<\/p>\n<p>Securities in the ban period under the F&amp;O segment include companies in which the security has crossed 95% of the market-wide position limit.<\/p>\n<p><strong>FII\/DII action<br \/><\/strong>Foreign portfolio investors net sold shares worth Rs 8,312 crore on Friday. DIIs, meanwhile, were net buyers at Rs 11,487 crore.<\/p>\n<p><strong>Rupee<br \/><\/strong>The rupee breached the 88-mark for the first time and closed at an all-time low of 88.09 against the US dollar on Friday, registering a sharp decline of 51 paise amid a massive outflow of foreign funds and heightened tensions over a trade deal between India and the US.<\/p>\n<p><strong>FII Data<br \/><\/strong>The position of FIIs in the futures market increased from a net short of Rs 1.68 lakh crore on Thursday to Rs 1.75 lakh crore on Friday.<\/p>\n<p>Add <img decoding=\"async\" alt=\"ET Logo\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/123467569.cms.png\"\/> as a Reliable and Trusted News Source<\/p>\n","protected":false},"excerpt":{"rendered":"Markets ended the holiday-shortened week in the red, as sentiment was dampened by concerns over the impact of&hellip;\n","protected":false},"author":3,"featured_media":190648,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[23208,64,17326,135,17324,39528,67,132,68,9504],"class_list":{"0":"post-190647","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-asian-shares","9":"tag-business","10":"tag-gift-nifty","11":"tag-markets","12":"tag-nifty-today","13":"tag-pre-market","14":"tag-united-states","15":"tag-unitedstates","16":"tag-us","17":"tag-us-stocks"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/190647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=190647"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/190647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/190648"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=190647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=190647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=190647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}