Nifty 50 Today: Key Levels to Watch Amid Global Cues, Trump–Putin Peace Talks, and Mixed Market Signals

Nifty 50 may see cautious trading today as global cues, top stock technicals, commodities weakness, and the upcoming Trump–Putin meeting on the Russia war weigh on sentiment.

Nifty 50 Outlook for 11 August 2025: All Eyes on Global Markets and Upcoming Trump–Putin Talks

India’s stock market kicks off the week on 11 August 2025 against a backdrop of both domestic and global crosscurrents. U.S. benchmarks ended Friday in the green as volatility eased, while Asian markets began the day on a mixed note. On the geopolitical side, the upcoming Trump–Putin meeting scheduled for 15 August to discuss the Russia–Ukraine conflict may influence investor risk sentiment as the week progresses.

For the Nifty 50, technical readings on heavyweight stocks point towards a cautious-to-bearish bias, with several index leaders showing “Sell” or “Oversold” RSI signals. At the same time, a decline in precious metals prices and mild weakness in crude oil may offer relief on the inflation front.

Closing Snapshot of Top 8 Nifty 50 Stocks (8 Aug 2025)

Rank	Stock	Weightage in Nifty 50	Close (₹)	Change (%)	P/E (TTM)	RSI (14-day)	RSI Signal
1	HDFC Bank	13.71%	1,973.90	-1.08%	21.6×	37.6	Sell
2	ICICI Bank	9.41%	1,435.90	-0.31%	18.2×	36.2	Sell
3	Reliance	8.39%	1,367.80	-1.55%	23.09×	34.1	Sell
4	Infosys	4.84%	1,423.10	-0.96%	21.91×	37.4	Sell
5	Bharti Airtel	4.65%	1,858.60	-3.33%	36.5×	28.66	Oversold
6	L&T	3.80%	3,607.60	-0.93%	31.3×	~76.9*	Overbought
7	ITC	3.42%	414.50	+0.22%	14.84×	52.45	Neutral
8	TCS	2.76%	3,036.40	-0.35%	22.37×	46.42	Neutral

*L&T’s RSI figure is based on Stochastic RSI due to limited direct daily data.

Key Observations:

Banking Heavyweights Weak: HDFC Bank, ICICI Bank, and Reliance are all in “Sell” RSI territory, signaling short-term downside risk.
Airtel Oversold: Bharti Airtel’s RSI of 28.66 points to a possible technical bounce if buyers step in.
L&T Overbought: The engineering giant’s RSI above 76 suggests it could face near-term profit booking.

Global Market Cues

U.S. Closing on 8 Aug 2025

Dow Jones: 44,175.61 ▲ +0.47%
S&P 500: 6,389.45 ▲ +0.78%
Nasdaq: 21,450.02 ▲ +0.98%
VIX: 15.15 ▼ -8.57%

U.S. equities ended last week strong, with tech leading gains and the VIX dropping sharply. This decline in volatility suggests investors are pricing in a relatively calmer near-term outlook—positive for emerging markets like India.

U.S. Futures on 11 Aug 2025

Dow Jones Futures: +0.29%
S&P 500 Futures: +0.24%
Nasdaq Futures: +0.22%
Russell 2000 Futures: +0.50%
VIX Futures: -0.70%

Mildly bullish futures indicate a supportive backdrop for today’s opening in Asia and Europe, though momentum remains modest.

Asia-Pacific & ASEAN Markets (Morning 11 Aug 2025)

ASX 200 (Australia): +0.36%
Shanghai: +0.02% (Flat)
Shenzhen Component: +1.20% (Strong gain)
China A50: +0.13%
Philippines: -0.39%
Hang Seng: -0.24%
KOSPI: -0.03%
Nikkei 225: Closed Today

Asian markets are split, with Chinese indices showing recovery, Australia modestly up, and Hong Kong & Philippines weaker. This mixed tone may limit any runaway rally in the Nifty 50.

Commodities & Currency Impact

Precious Metals & Energy (11 Aug 2025):

Gold: $3,437.20 ▼ -1.55%
Silver: $38.168 ▼ -0.97%
Crude Oil (WTI): $63.42 ▼ -0.72%
Brent: $66.19 ▼ -0.60%
Natural Gas: $2.907 ▼ -2.78%

Lower gold prices could signal reduced safe-haven demand, often linked to higher equity risk appetite. Oil’s drop is favorable for India’s import bill and inflation outlook.

USD/INR: 87.515 ▲ +0.06% — Slight rupee weakness could keep FIIs cautious, but it is not yet alarming.

Geopolitical Spotlight – Trump–Putin Meeting on 15 August 2025

Worldwide attention is on the 15 August meeting between U.S. President Donald Trump and Russian President Vladimir Putin, where discussions are expected to focus on a possible ceasefire in the Russia–Ukraine war.

Why it matters for Nifty 50:

Positive Outcome: Could ease global crude oil prices further, support risk-on sentiment, and strengthen FII inflows.
Negative/No Breakthrough: Could reignite risk aversion, pushing investors towards defensive assets like gold and bonds, potentially pulling equities lower.

For now, traders are likely to remain cautious ahead of this meeting, booking profits on rallies.

Technical Outlook for Nifty 50 Today

Key Support & Resistance Zones:

Immediate Support: 24,400 – 24,450
Major Support: 24,250
Immediate Resistance: 24,650 – 24,700
Major Resistance: 24,850

With several heavyweight stocks flashing “Sell” signals on RSI, upside may remain capped unless banking and energy stocks rebound.

Possible Trading Scenarios for 11 August 2025

Base Case – Sideways to Mild Positive (Probability: 50%)
Supported by U.S. cues and lower oil prices, but capped by weak RSI readings in major constituents.
Bull Case – Break Above 24,700 (Probability: 30%)
Requires strong FII buying and a rebound in HDFC Bank, Reliance, and Infosys.
Bear Case – Slip Below 24,400 (Probability: 20%)
Triggered if banking stocks extend losses and Asian markets turn sharply negative during the day.

Sectoral Watch

Banking: Under pressure; watch for reversal signs.
IT: Cautious; Infosys and TCS in neutral to sell zone.
Telecom: Airtel oversold — could see a relief rally.
Infra: L&T overbought — likely to witness profit-taking.
FMCG: ITC stable; defensive plays may see interest.

Market Sentiment Meter

FIIs: Likely cautious ahead of Trump–Putin meeting.
DIIs: May provide buying support on dips.
Retail: Choppy sentiment; momentum traders looking for intraday opportunities.

Conclusion

Nifty 50 is expected to open with a mild positive bias today, aided by firm global cues and lower commodity prices. However, with multiple heavyweights in “Sell” territory on RSI, traders should be prepared for range-bound movement.

The upcoming Trump–Putin meeting could become the biggest market-moving event this week, overshadowing short-term technical signals. Until then, “buy-on-dips and sell-on-rise” could remain the preferred strategy.

Author’s Note:
Today’s Nifty 50 outlook blends technical signals from heavyweight constituents, global macro cues, and geopolitical developments. Traders should maintain disciplined stop-losses and track intraday news flow, especially related to the Russia–Ukraine peace talks.

The Financial And Tech Literacy