Indian benchmark indices are expected to open cautiously on Thursday, 13 August 2026. GIFT Nifty is trading slightly above 24,400
Positive Cues: Strong Asian markets, softer US consumer inflation, lower crude oil prices, Bank Nifty outperformance and subdued India VIX.
Gift Nifty is trading at 24,448.00, down 0.32%, indicating a weak to moderately negative opening for the Indian equity market
Sensex and Nifty 50 declined nearly 1% from their previous closes at the day’s lows but recovered substantially during the second half.
MCX crude oil is likely to remain range-bound with a mildly bearish bias below Rs. 7,945. A sustained fall below Rs. 7,841 may extend the correction towards Rs. 7,754.
Gold price prediction for 13 August 2026: MCX Gold is expected to remain bullish above Rs. 1,54,943, with possible upside towards Rs. 1,55,774 and Rs. 1,56,667.
