Today, we are looking at a very subdued set of cues form overnight markets. Dow Jones witnessed the worst session yesterday since March 2023. Markets are on tenterhooks ahead of US Fed Chair Jerome Powell's speech at the Jackson Hole symposium later today. Crude futures, crude oil prices continued on their downward trend. Yesterday ended flat with a negative bias with brent futures ending close to the $83 a barrel mark Indian markets on Thursday, being the weekly expiry, witnessed sharp selling pressure in the second half, with both Nifty and Nifty Bank giving up over a percent from their intre-day highs.The broader end of the markets continued their outperformance, with the midcap index continuing near its the lifetime high levels. Yesterday's session was however largely dominated by large block deals that happened -- Coforge, Mannnapurram Finance, etc.

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25 Aug 2023