Sensex and Nifty Start Higher as Oil and Nvidia Boost Sentiment

Indian Markets Open Cautiously Higher as Sensex Gains 104 Points, Nifty Nears 24,300

Summary: Sensex and Nifty Start Higher as Oil and Nvidia Boost Sentiment

Indian benchmark indices opened modestly higher on Thursday, August 27, 2026, supported by softer crude oil prices and strong global technology stocks following Nvidia’s upbeat earnings outlook. The Sensex opened 103.82 points, or 0.13%, higher at 77,576.76, while the Nifty 50 started at 24,277.60, up 69.85 points, or 0.29%.

Description

• Sensex opens higher: The BSE benchmark gained 103.82 points to 77,576.76.

• Nifty crosses 24,270: The Nifty 50 opened 69.85 points higher at 24,277.60.

• Crude prices ease: Lower oil prices provided relief to India, one of the world's major oil-importing economies.

• Nvidia lifts global tech sentiment: Strong earnings and an upbeat revenue forecast supported Asian technology stocks.

• Foreign investors remain buyers: Foreign portfolio investors were net buyers for a third consecutive session.

• Expiry-day volatility in focus: Monthly derivatives expiry and position adjustments remained key risks for traders.

• Inflation remains a concern: Sticky U.S. inflation could complicate expectations for Federal Reserve rate cuts.

Key Highlights

1. Sensex starts 104 points higher
The Sensex opened at 77,576.76, gaining 103.82 points from its previous close. The initial move reflected cautious optimism rather than a broad-based surge.

2. Nifty opens at 24,278
The Nifty 50 began the session at 24,277.60, up 69.85 points. The index was supported by positive global cues but remained vulnerable to intraday volatility.

3. Falling oil prices offer relief
Brent crude extended its decline as hopes of diplomatic progress involving Iran raised expectations of reduced supply disruptions around the Strait of Hormuz. Lower crude prices are generally supportive for India because they can ease the country's import bill and inflation pressures.

4. Nvidia earnings lift Asian technology stocks
Global technology sentiment improved after Nvidia reported stronger-than-expected results and issued an upbeat revenue forecast. Asian semiconductor and technology shares advanced, creating a favorable backdrop for Indian IT and technology stocks.

5. Expiry-related swings remain a major risk
Thursday's monthly derivatives expiry could increase volatility as traders adjust or roll positions. Investors were also watching U.S. inflation developments, which could influence expectations for Federal Reserve policy.

Bottom Line: Indian equities began Thursday on a mildly positive note, with easing crude prices and stronger global technology sentiment supporting the opening. However, monthly expiry activity and global inflation concerns could keep the Sensex and Nifty volatile during the session.