No fresh stock picks feature in today's Trader's Breakfast, so this edition runs through the broader stock market setup today instead. Nifty today continues to hold above its psychological support of 24000, while Bank Nifty today is outperforming the benchmark, albeit with high intraday volatility. Power Grid, Jubilant Pharmova, Kaynes Technology, and IDFC First Bank lead today's stocks in the news today list, and a fresh round of dividends plus a stock split make up today's corporate actions today ahead of the 25 August ex-date.
Here's the full market breakdown from Trader's Breakfast, Swastika Investmart's daily pre-market session, covering share market news, live updates and technical analysis today before the opening bell.
Recommendation
As per today's Trader's Breakfast commentary from Pravesh Gour, Principal Research Analyst, Swastika Investmart, the market is not favourable for taking fresh trades today. Rather than force a setup, the recommendation is to simply watch the market today and avoid trading, so as to protect and preserve capital. No individual stock picks are being flagged in today's session as a result.
Market Setup Today (24 August 2026)
Here's today's market outlook today at a glance, covering global cues, FII DII data today, India VIX today, and the Nifty and Bank Nifty technical picture.
Global Markets
- US markets ended higher (Dow Jones +517 points).
- Dow Futures trading higher, up around 24 points.
- Asian markets are trading on a mixed note.
- GIFT Nifty at +88 points.
FII/DII Data (Cash Market)
- FII posted a net outflow of Rs 543 crore.
- DII posted a net inflow of Rs 2124 crore.
- Net cash market inflow stood at Rs 1581 crore.
F&O Data Snapshot
- Nifty PCR at 1.11, versus 1.12 previously.
- India VIX at 11.20, up 4.09%.
- Highest OI for 25-Aug-26 at 24300 CE and 24000 PE.
- Max Pain for 25-Aug-26 at 24250.
Interpretation. FII data is mixed to positive in F&O today.
Nifty (Spot)
- Bounced back from the psychological support level of 24000.
- 20-DMA around 24350 is the immediate hurdle, with 24500 to 24550 as the next resistance zone.
- 24175 and 24000 are the immediate support levels.
Bank Nifty (Spot)
- Outperforming Nifty, with high intraday volatility.
- 58000, 58300, and 58600 are the immediate resistance levels.
- 57300, 57000, and 56700 are the key support levels.
Watch Today's Complete Market Outlook
Catch the full market breakdown from today's Trader's Breakfast with Pravesh Gaur, Principal Research Analyst, Swastika Investmart. No individual stock picks were flagged in today's session, so the focus stays on the index outlook and the day's corporate developments.
Stocks in News Today
Here are today's key stocks in the news, covering fresh order wins and corporate developments.
- Power Grid: Won a major Gujarat renewable-energy transmission project under TBCB, with a discovered tariff of Rs 822.91 crore per annum, seen as positive for its order book and long-term growth.
- Jubilant Pharmova: The US FDA approved commercial batch manufacturing of the first product on Line 3 at its US contract manufacturing facility, seen as positive for capacity utilisation and future CDMO revenues.
- Kaynes Technology: Signed an MoU with BOSGAME to build a computing presence in India, covering products such as mini PCs and laptops.
- IDFC First Bank: S&P assigned a BBB- rating to its $600 million senior notes, supporting the bank's access to global debt markets.
Corporate Actions Today (Ex Date 25 August 2026)
A quick look at today's corporate actions today, covering ex-dividend stocks today and a stock split today ahead of the 25 August ex-date.
Dividend
- Aditya Vision Ltd: Final Dividend of Rs 1.25.
- Deepak Fertilisers & Petrochemicals Corporation Ltd: Final Dividend of Rs 10.00.
- Diffusion Engineers Ltd: Final Dividend of Rs 1.50.
- MAS Financial Services Ltd: Final Dividend of Rs 0.75.
- Mobavenue AI Tech Ltd: Final Dividend of Rs 0.50.
- NR Agarwal Industries Ltd: Final Dividend of Rs 2.00.
- Premco Global Ltd: Final Dividend of Rs 2.00.
Stock Split
TD Power Systems Ltd: Stock split from Rs 2 face value to Rs 1 face value.
Over to You
With no fresh stock picks on the table today, the focus stays on the index setup and the day's corporate developments. Nifty continues to hold above its psychological 24000 support, while Bank Nifty shows relative strength, even as intraday volatility stays elevated across both indices.
As always, track price action around key support and resistance levels, follow the broader market outlook, and apply disciplined risk management before taking any trading or investment decision. For more stock market news today, share market news live, and daily stocks to watch, keep following Swastika Investmart's Trader's Breakfast.
