Nifty Signals Today: Dalal Street Set to Open Firm on September 8
The world of stock market is always full of surprises. Nifty Signals Today is attracting the most attention for today’s session, where both investors and traders are waiting to know how the trend will be on Monday morning. Despite global uncertainties, domestic optimism and GST 2.0 reforms have created a positive wind which is supporting Dalal Street.
Nifty Signals Today: Optimism on Dalal Street
Nifty Signals Today for Monday morning, 8th September make it clear that Dalal Street is ready to take a positive start. As of 7:30 am, the GIFT Nifty was trading at 24,910, which indicates a gain of 85 points or 0.35%. This is a sign that there is positivity among investors and the week could start on an upbeat note.
The biggest reason behind this optimism is the GST 2.0 reforms, which are fueling buying interest in the market. Analysts say that global trade risks and tariffs are still a challenge, but India’s strong macros and simplified GST regime will keep the domestic sentiment strong.
Nifty Signals Today: India-US Relations in Focus
Another interesting angle of the market is the relationship between India and the US. President Donald Trump recently said that India and the US will “always be friends”, to which Prime Minister Narendra Modi responded in a heartfelt manner. He said that he too shares this sentiment wholeheartedly. Modi emphasized that the ties between the two countries are based on a “very positive” strategic partnership which is important at the global level. This diplomatic heat indirectly strengthens investor confidence as well.
Nifty Signals Today: FII vs DII Battle
The action of FIIs and DIIs in the last trading session also showed a contrasting picture. On Friday, foreign investors sold equities worth Rs 1,305 crore, which was a negative signal. But on the same day, domestic institutional investors bought shares worth Rs 1,821 crore, which creates a strong support system. This tussle between FIIs and DIIs will play an important role in deciding the short-term direction of the market.
Nifty Signals Today: Technical View and Key Levels
If we look at the technical charts, the market is still failing to show a clear trend. A tug-of-war is going on between bulls and bears, where sometimes one party dominates and sometimes the other. Experts say that Nifty is currently in a consolidation zone of 24,500–25,000. Unless there is a strong breakout from this band, a major directional move cannot be expected.
Dhupesh Dhameja, expert at SAMCO Securities, says that if Nifty closes convincingly above 24,900, a strong short covering rally can be seen which will take the market higher. On the other hand, if the index slips below 24,500, a new bearish leg can begin. Until then, traders will have to adopt a “range trading” approach, where 24,400 will act as the floor and 24,900 as the ceiling.
Conclusion on Nifty Signals Today
If we look at the overall Nifty Signals for today, then today’s Nifty Signals show an optimistic picture. GST 2.0 reforms, India-US positive ties and DIIs’ support are giving strength to the market. Yes, global trade tensions and FIIs’ selling are still a risk factor, but domestic cues are looking stronger now. Therefore, Monday signals a hopeful beginning for Dalal Street.
Disclaimer:
This article has been written for informational purposes only. The views and analysis given here are only for understanding the market trends, they should not be taken as investment advice. Stock market investments are risky, so definitely take advice from your financial advisor before taking any financial decision.
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