FIIs returned to buying in the cash market, crude oil cooled further, and global markets remained mixed.
However, the biggest event today is the Monthly F&O Expiry, which could bring sharp moves around key option levels.
The key question:
Can Nifty defend 24,000–24,100 and turn expiry into a buying opportunity?
##FII Buying Returns
Institutional Activity — 24 August 2026
Segment FII DII
Cash Market +₹1,181.66 Cr +₹2,493.41 Cr
Index Futures -₹1,564.83 Cr —
Index Options +₹22,014.90 Cr —
Stock Futures +₹204.51 Cr —
Stock Options -₹1,047.59 Cr —
The most important takeaway is the return of FII cash buying.
FIIs bought around ₹1,182 crore in the cash market, while DIIs added another ₹2,493 crore.
However, FII positioning remains mixed in derivatives, with selling in index futures but very large activity in index options.
Cash Buying + Strong DII Support = Positive
—->Crude Oil Finally Cools
——>US Markets: Mixed, But Chip Stocks Under Pressure
The overnight U.S. session was mixed:
Dow Jones: +0.3%
S&P 500: -0.3%
Nasdaq: -0.8%
##Global Tech Weakness = Positive for Indian IT
!PERSISTENT
!INFY
!COFORGE
!TCS
!MPHASIS
@@KEY LEVELS
Nifty: 24,000–24,100 Is the Key Support
For today’s expiry session:
24,000–24,100 → Strong Support Zone
Bank Nifty Levels
Bank Nifty also has an important level to watch:
57,000 → Key Support
On the upside:
58,000 → Major Hurdle
###Bottom Line
FII buying + strong DII support + cooling crude are giving bulls some breathing room, but monthly expiry can make today’s session highly volatile.
The most important levels remain:
Nifty: 24,000–24,100 Support
Bank Nifty: 57,000 Support
Bank Nifty: 58,000 Resistance
If these supports hold, buy-on-dips could remain the preferred approach.