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Nifty experienced a sixth consecutive negative weekly fall, but a potential pullback is anticipated early in the week due to recovery signals after lower Bollinger Band penetrations. While broader markets struggle, PSU Banks show mixed signals with potential support from key stocks like SBI. MAHLOG and CMSINFO are top picks, indicating reversal attempts with bullish patterns and oversold conditions.

NSDL shares continued their strong post-IPO rally, rising 9.6% on Monday to a new high of ₹1,425 — up 78% from the IPO price. The stock has gained in all four sessions since its August 6 debut.

Amidst a weak market trend, Ya Wealth Global Research suggests a sell on rise strategy, identifying key support and resistance levels for the Nifty. The firm recommends five stocks — DMCC, Rategain Travel, LIC, GSFC, and Medanta—for potential near-term gains. These picks offer upside potential ranging from 10% to 19%, based on specific entry points, stop-loss levels, and target prices.

Indian government bonds traded narrowly as traders awaited state debt auction results and inflation readings from India and the U.S. The 10-year bond yield was at 6.4219%. State debt supply is lower than anticipated. India s July retail inflation is expected to ease to 1.76%. U.S. inflation data could influence the Federal Reserve s rate-cut decisions, impacting the domestic bond market.

Ab&B Bio-Tech, a Chinese vaccine firm, witnessed a remarkable stock market debut in Hong Kong. Shares soared almost 170% after its initial public offering. The IPO raised $55 million. Retail investors heavily oversubscribed, nearly 4,000 times. Strong retail demand led to reallocation of shares. However, institutional demand remained weak. The company develops influenza and rabies vaccines.

Bill Ackman said the proposed merger of U.S. mortgage giants could lower mortgage rates and unlock major operational and trading synergies.

Gold prices in India have reached record highs. Experts attribute this to global economic uncertainty. US tariff policies and geopolitical tensions are factors. Central banks are diversifying into gold. Investors should consider gold as a long-term strategic asset. Gold ETFs and multi-asset funds are investment options. Experts advise a buy-on-dips strategy. Investors should align investments with their risk appetite.