iUSTUS, a new Bengaluru-focused real estate venture founded by Pawan Sawhney and Santosh Soni, is bringing together over four decades of combined experience across real estate private equity and development.

The founders have been involved in major real estate developments spanning over 7 million sq ft and bring experience from both the investment and operating sides of the business. iUSTUS has a pipeline of around 2.5 million sq ft across South and East Bengaluru, covering residential and commercial developments.

A bank has traditionally needed large teams to check documents, verify information, and process transactions. That equation is changing. Read full report here

Aditya Agarwal, CFA, Chief Investment Officer at Avisa Wealth Creators 

Raksha Bandhan gifting can go beyond traditional presents, with financial gifts helping build long-term wealth for sisters. Instead of focusing only on the amount being gifted, it is important to consider the recipient's age, risk profile, financial goals and investment horizon. Mutual funds can be considered for those with a longer investment horizon and higher risk appetite, while fixed-income products may suit investors seeking stability and predictable returns. Gold can also be considered as a portfolio diversifier and a traditional store of value. Each of these options can serve a different purpose, depending on the recipient's financial profile and investment needs. Therefore, the choice of a financial gift should be aligned with what suits the recipient rather than simply being based on the occasion or the amount being spent. A thoughtful financial gift can thus go beyond the traditional gesture and contribute towards building long-term wealth for sisters.

The Thesis
InvestorAi is rotating into domestic credit and base metals - the two sectors that benefit directly from crude's sharp retreat. Brent at $89.44, down 3%, eases India's import bill as Iran-sanction momentum hardens; VIX at 11.75 keeps credit conditions benign. DII net buying of ₹2,493 crore signals institutional conviction absorbing FII outflows.

Where We're Concentrated
The basket tilts into diversified financials - NBFC and private banking - where lower crude gives the RBI cover to stay accommodative while domestic credit holds. A base metals cluster captures falling smelting energy costs across zinc, aluminum, and iron ore, with China restocking as free upside. A pharma export leg rides elevated USD/INR near 95.5. Break scenario: a hawkish Warsh speech at Jackson Hole that lifts US yields and turns FII outflows structural.

Conviction Picks
Highest Conviction
Cholamandalam Financial Holdings
VIX at 11.75 keeps credit spreads compressed; this NBFC conglomerate's retail lending book expands fastest in a low-vol regime.
Kotak Mahindra Bank
Crude-driven current account relief gives RBI room to stay accommodative, expanding the runway for private-sector credit growth.
Glenmark Pharmaceuticals
USD/INR near 95.5 lifts dollar export realizations; specialty generics and dermatology pipeline add a near-term catalyst layer.
Vedanta
Brent at $89.44 cuts smelting energy costs across zinc and aluminum operations; any China restocking signal amplifies the upside.
NMDC
Iron ore demand holds on domestic capex; lower crude compresses freight spreads and lifts NMDC's net realization per tonne.
One Thing to Watch
Brent closing back above $93. A rebound through that level signals Iran de-escalation hopes fading and reverses the current account tailwind anchoring both the NBFC credit thesis and metals cost-compression trade.

Gaurav Udani, Founder - Thincredblu 

"Nifty is expected to open slightly lower around 24,160, down nearly 40 points, indicating a cautious start.

With Sensex weekly expiry today, traders should be prepared for heightened volatility and sharp intraday swings, particularly around key support and resistance levels.

Technically, 24,000-24,100 remains the immediate support zone, while 24,300-24,400 will act as the key resistance range. A sustained break below support could increase selling pressure, while a move above resistance may bring fresh buying interest.

Given the expiry setup, traders should remain cautious and avoid aggressive positions at the open. Expect sharp swings and focus on disciplined, level-based trading with strict risk management."

Akshat Siddhant, Lead quant analyst, Mudrex

Gold rebounded to around $4,620 an ounce on Thursday, recovering most of Wednesday's decline after hotter-than-expected US PCE inflation data. Silver followed a similar path, recovering after its initial sell-off. Markets now turn to Fed Chair Kevin Warsh's Jackson Hole speech on Friday, though no clear signal on September policy is expected. Meanwhile, WTI crude fell to a 1.5-week low and is down more than 8% this week as Iran and Oman discuss a temporary shipping corridor through the Strait of Hormuz, targeted to become permanent within 30-60 days. The rupee remains near Rs 95.9/$, while gold continues to find support from strong Chinese demand and the broader "debasement trade."

BTC is holding near $78K, supported by seven consecutive sessions of inflows into U.S. spot Bitcoin ETFs and increased activity from Whales. The broader trend remains constructive, with BTC trading above both its 50-day and 200-day EMAs. In the near term, $77.5K is an important support level, while the $80K-$82.85K range remains the key resistance zone. A sustained breakout above $82.85K could open the way toward roughly $89.7K. However, momentum has cooled slightly after the recent rally, suggesting BTC may consolidate before making its next major move.

Prateek Gupta, Head of Business, Mudrex

Bitcoin is consolidating around $78,000-$79,000 after facing rejection near $81,000, as hotter-than-expected July PCE inflation weighed on risk assets. Despite the pullback, institutional demand remains strong, with spot Bitcoin ETFs recording seven consecutive days of inflows and attracting $3.03 billion so far in August. At this pace, August could surpass October 2025's monthly inflow record, while year-to-date ETF outflows have narrowed to just $2.26 billion. Markets now turn to Nvidia's earnings and Fed Chair Kevin Warsh's Jackson Hole keynote on Friday for further direction. Bitcoin needs to reclaim $80,000 to retest recent highs, while $77,000 remains the key support level.

Riya Sehgal, Research Analyst, Delta Exchange

The crypto market is in a wait-and-watch phase after Bitcoin's recent recovery. BTC is currently consolidating around $78,000-$79,000, with traders closely watching whether buyers can push the price back toward the $82,000 area. The current setup suggests profit-taking and consolidation rather than a clear bearish reversal.
From a technical perspective, BTC is still holding above its short-term moving averages and the 4-hour RSI remains above 50, keeping the broader structure constructive. However, momentum has cooled and volatility has declined, which means traders may see more range-bound price action before the next decisive move. A breakout above $81,700-$82,500 with stronger volume and volatility would be a positive signal. On the downside, $76,000-$75,400 is the zone bulls need to defend.
Ethereum is showing relatively better momentum, with ETH holding around $2,500. The $2,550 level is the immediate hurdle, while a sustained break above it could bring $2,600-$2,700 into focus.
On inflation, the latest U.S. PCE data is already out, with headline PCE at 3.7% year-on-year and core PCE at 3.3%. The firmer inflation reading keeps the Fed's policy outlook important for risk assets.
For traders, attention now shifts toward the Jackson Hole event and upcoming Fed commentary. The next major U.S. inflation catalyst will be August CPI on September 11.
Looking ahead, the market remains cautiously bullish. If BTC reclaims $82,500 with expanding volatility, momentum could accelerate across major cryptocurrencies. But failure to hold $75,400 would increase the risk of a deeper correction.

Rajesh Palviya, Head of Research, Axis Direct

The Nifty 50 reversed its previous session's recovery on Wednesday, declining 126.80 points to close at 24,207.75, while the Sensex fell 183.15 points to 77,472.94. IT, FMCG and auto stocks led the selling. Global cues were subdued overnight, with the S&P 500 ending flat, the Nasdaq slipping 0.08% and the Dow losing 113 points, while core PCE inflation came in line with expectations at 3.3% year-on-year.

Sentiment has improved since then, led by strong Nvidia results. The company reported revenue of $96.2 billion, more than double from a year ago, sending its stock over 4% higher in after-hours trading and lifting Asian markets, with the Kospi gaining around 1.4%. Brent crude, near $86.6 a barrel, has eased for a third consecutive session as concerns over supply disruptions through the Strait of Hormuz moderate, providing some relief to India's import bill. GIFT Nifty at 24,341 indicates a relatively muted opening, with the index likely to start around 60 points higher.

Technically, the Nifty remains rangebound as long as it trades below 24,350. A decisive close above this level could open the way towards 24,500, while immediate support is placed at 24,100, followed by 23,950. The near-term bias remains cautiously positive, although sustained gains will depend on whether the AI-led global optimism translates into broader buying interest during the session.

Vikram Subburaj, CEO, Giottus.com

Bitcoin traded near $78,750 on Thursday morning, up about 0.3% over 24 hours, after ranging between approximately $77,640 and $79,241. The crypto has managed to hold most of its sharp August gains despite hotter US inflation data. Immediate support lies around $77,600-$78,000. On the upside, $79,250-$80,000 is the first resistance zone, followed by the more significant $80,800-$83,300 region.

The latest on-chain data suggest that the recovery has a healthier foundation than a leverage-driven rally alone. The August 19 short squeeze produced the largest single-day short-liquidation event since 2019. However, Futures open interest subsequently fell 11%. This indicates that liquidated shorts were not simply replaced by aggressive leveraged longs.

 Accumulation has also broadened, with all six wallet-size cohorts recording an Accumulation Trend Score of at least 0.5. The Short-Term Holder Cost Basis is now near $70,000, providing an important structural support level.

Institutional demand remains strong. US spot Bitcoin ETFs recorded approximately $2.57 billion of net inflows across seven consecutive sessions from August 17-25. This includes $337.6 million on August 24 and $314.3 million on August 25. Farside's August 26 figure remains incomplete, with several major funds yet to report.

Large-cap altcoins are mixed but generally resilient. Ethereum traded near $2,502, up 1.8%, BNB around $705, up 1.5%, and Solana near $101.64, up 4.8%. XRP was around $1.41, while TRON traded near $0.336. Solana's outperformance suggests risk appetite remains present beyond Bitcoin.

Macro is now the principal risk. July headline PCE inflation came in at 3.7% year-on-year, while core PCE remained at 3.3%, keeping inflation well above the Fed's 2% objective. Fed-funds futures subsequently raised the probability of a September rate hike to roughly 40%-44%. Attention now shifts to Jackson Hole from August 27-29, and particularly Fed Chair Kevin Warsh's August 28 address.

Our advice: Bitcoin's broader structure remains constructive, but investors should avoid chasing the rally near resistance. Staggered accumulation and controlled leverage remain preferable, with $77,600-$78,000 support and $80,800-$83,300 resistance the key zones to monitor.

Delivery associates remain among the most sought-after workers. Warehouses and fulfilment centres are also adding people ahead of the festive rush. Read full report here

Nischal Shetty, Founder, WazirX

"The Dow's intraday chart shows an early decline, a partial recovery and another late pullback. That suggests hesitant trading for the overall market.

For crypto, this is neutral to mildly constructive. Equity indices are marginally lower, so there is little immediate risk-on momentum to lift Bitcoin and altcoins. The combination of lower oil and subdued volatility could become supportive if markets continue to expect softer inflation and easier monetary policy. Conversely, gold's rise indicates that some capital is still seeking safety.

BTC holds above its 50-day and 200-day EMAs, but weakening momentum warrants caution. Support lies near $77,489; a decisive break above $82,850 could open a path towards $89,663, while failure to hold support may deepen the current pullback. Bitcoin may remain range-bound in the near term. The backdrop is not strong enough to support a decisive breakout, but it also does not point to a broad risk-off sell-off. Altcoins could remain more sensitive and underperform if the Nasdaq weakens further. 

Crypto ETFs attracted $482.13 million on August 25: approximately $310 million into Bitcoin and $172 million into Ethereum. The market is entering a more constructive, institutionally supported phase. The inflows may help Bitcoin defend recent support and challenge resistance, while Ethereum could benefit from renewed allocation. 

Futures traders should watch out for BTC at $80,000 which is the immediate breakout level. A sustained move above $82,850 would strengthen the bullish structure, while losing $77,500 could expose $75,000.

For ETH, $2,500 is the immediate decision point. A confirmed close above $2,520 could support a move toward $2,600."

Vaishali Patel, Senior Manager - Research- Technical Department at Jainam

Nifty opened on a flat note but selling led the index downwards to end in red. Nifty closed at 24207.75 with a loss of 127 (-0.52%) points. U.S. markets ended largely firm, with the Dow remained under pressure and Nasdaq futures were broadly stable. Investors are closely watching Nvidia's earnings and inflation data for clues on the Fed's interest-rate path.

Asian markets are trading mixed, reflects cautious investor sentiment ahead of key global economic and corporate updates. Crude oil prices remain under pressure, amid easing concerns over supply disruptions, trading around the 7,897, tracking weakness in international crude. GIFT Nifty is trading around 24,363, up roughly -0.14%, indicating a cautious-to-positive opening versus the previous Nifty close.

Technically, Nifty remains in a consolidation phase and is currently trading near the lower end of its recent range, with the 24,100 - 24,000 zone acting as a crucial support area. A sustained move above 24,500-24,600 could revive bullish momentum and open the door for a retest of the 25,000 - 25,150 resistance zone. The index is currently trading around its key moving averages, suggesting an ongoing tug-of-war between bulls and bears. Meanwhile, RSI is hovering near the neutral 50 mark, reflecting a lack of strong directional momentum. Traders should watch for a decisive breakout or breakdown from the current range for the next meaningful move.