Pre Market Report & Global Cues | 26 August, 2026

Global cues are positive this morning. US markets closed higher, with Nasdaq up 0.66%, S&P up 0.32% and Dow up 0.30%. The move was supported by steady buying in tech and easing pressure from bond yields, which are around 4.65%. Asian markets are also largely positive. Hang Seng, Kospi and Shanghai are trading in gains, while only Straits Times is slightly in the red. Reflecting this, Gift Nifty is indicating a strong 150–200 point gap-up, suggesting a firm start for Nifty. One important support is coming from crude. Brent has fallen to around $85.5, which is a good sign for India as it reduces cost pressure. At the same time, the rupee is near 95.4 against the dollar and continues to stay at weak levels, which needs to be watched. There will be good stock-specific action today. In the power and renewable space, Suzlon Energy is in focus after a fresh order win. Ceigall India has received a ₹704 crore highway project, which can keep the stock active. Dabur India gets some relief as the court has stayed the labelling issue for now. Axis Bank may also see some interest after regulatory proceedings were closed. On the negative side, Cipla will be watched after USFDA observations at its plant. Honasa Consumer (Mamaearth) is also in focus after calling off a planned acquisition. Sector-wise, power, OMCs and aviation may see buying interest due to lower crude prices. Pharma stocks could remain stock-specific based on regulatory updates. There are no major domestic events today, so global cues and stock-specific news will drive the market. For today’s session: With strong global support and a positive start expected, Nifty may try to build on momentum. The key will be whether it sustains above 24,400–24,450 zone after the gap-up. If selling comes at higher levels, that will decide how much of the gains can hold.