📊 Morning Market Insights | 18th August 2026

Market Bias : Bearish Indian markets are likely to open on a cautious note as Brent crude has moved back above $90, with continued uncertainty around the Strait of Hormuz and no clear resolution between the US and Iran keeping geopolitical concerns elevated. Higher crude prices could add pressure on inflation, the rupee and overall market sentiment. Nifty 50 The index is expected to remain under pressure after recent weakness. Weekly options expiry may further increase intraday volatility. Traders should watch the 24,120–24,180 zone as key support, while 24,420–24,450 remains an important resistance area. Bank Nifty Bank Nifty may remain volatile and consolidate amid elevated crude prices and cautious global cues. Support is placed at 56,800–57,050, while resistance is seen at 57,700–57,750. Sector Watch Defence stocks may remain in focus amid ongoing geopolitical tensions, while IT stocks could see stock-specific action following global technology and currency cues. Among stocks in focus, Paytm, Netweb Technologies, SPR Auto Technologies and Indo-MIM are likely to remain active on company-specific developments. Bharti Airtel and Jio Financial Services will also remain on the radar. Milky Mist Dairy Food will attract attention as it makes its market debut today. Key Events • NIFTY50 weekly options expiry • Brent crude above $90 • Milky Mist Dairy Food listing • US-Iran and Strait of Hormuz developments Overall, the market is expected to remain volatile and risk-sensitive. Traders should focus on stock-specific opportunities, maintain strict stop losses and avoid aggressive positions until broader sentiment improves.