Nifty, Sensex set for flat opening amid CAS rollout
Asian stocks rule firm in early deal
Indian equities are set for a flat opening on Monday, as markets brace for the first week after the introduction of the Closing Auction Session (CAS). The Nifty stood at 24,667 at the close of trading on Friday, indicating a flat opening on Monday. The rollout of CAS, which commenced on August 3, 2026, saw continuous trading in F&O stocks end at 3:15 pm, followed by the closing auction session, with derivatives trading continuing until 3:40 pm.
Ajit Mishra, SVP, Research, Religare Broking Ltd, noted that the initial implementation of CAS triggered sharp price swings during the closing minutes of trade, particularly in the first three sessions. Major equities across the Asia-Pacific region opened with gains ranging from 0.5% to 2%, providing a slight positive signal for Indian markets.
However, geopolitical tensions in the Middle East and uncertainty surrounding the Strait of Hormuz remain the principal external risks. Foreign institutional flows have been supportive, with renewed inflows bolstering confidence in domestic equities. Sector-wise, Nifty Auto, Nifty IT, Nifty Metal, and Nifty PSU Bank led the gains, while Nifty Private Bank, Nifty Realty, and Nifty Financial Services underperformed.
Investors are expected to remain cautious as geopolitical uncertainties and U.S. monetary policy expectations continue to shape global risk appetite.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Titan surges 2.78%, SBI drags; Nifty clings to gains amid geopolitical jitters thehindubusinessline.com
