Tuesday, August 25, 2026: Nifty below 24,150, Sensex -200 pts. US Iran sanctions hit risk. SEBI dropped the Rs3,912cr Max Financial-Axis Bank probe.

SEBI clean chit removes a fraud/disclosure overhang on Max Financial and Axis Bank—Rs3,912cr probe gone, positive for both names. Flows still strong: India Inc equity fundraising crossed Rs1.11 lakh crore in Jul-Aug. RBI forex swap pulled $73bn, $65.4bn via FCNR deposits. Banking hit: Bernstein cut PFC and REC targets as bank competition pressures loan growth. RBI says house price growth slowed to 3.6% in Q1 FY27. So what? Nifty pinned below 24,150 between key moving averages into Aug expiry. Global chip selloff plus Iran risk = cautious open, watch 24,150 reclaim.

SEBI clean chit removes a fraud/disclosure overhang on Max Financial and Axis Bank—Rs3,912cr probe gone, positive for both names.