07/08/26, State Bank Of India

India’s largest lender, State Bank of India, posted its Q1 FY27 net profit at Rs 21,121 crore, up over 10% year-on-year from Rs 19,160 crore reported in the year-ago period. Sequentially, its profit expanded 7% from Rs 19,683 crore reported in Q1 FY26.  

The bottom line growth was driven by a sharp YoY decline in the bank’s loan loss provision. The lender’s operating profit for the period expanded 9.77% to Rs 33,529 crore from Rs 30,544 crore reported in the same quarter last year.

Improvement in NPA and lower loan loss provisions drive growth

For the reporting period, its loan loss provision fell 31.92% YoY to Rs 3,359 crore against Rs 4,934 crore reported in Q1 FY26.  

For the April-June quarter, SBI’s net interest income (NII) stood at Rs 46,992 crore, jumping around 15% YoY from Rs 40,907 crore reported in the corresponding quarter last fiscal year.

SBI’s total income was reported at Rs 1.43 lakh crore, up 6% from Rs 1.35 lakh crore in the same quarter last year. 

On the asset front, the state-owned bank saw improvement as its s gross NPA declined by 36 basis points YoY to 1.47% from 1.83% reported in the year-ago period. Also, net NPA inched down 9 basis points to 0.38% from 0.47% reported in the June quarter ended 2025. 

SBI’s total deposits for the reporting quarter stood at Rs 60. 05 lakh crore, up 9.73% YoY in comparison to Rs 54.73 lakh crore reported in the same quarter last year.

👉SBI Q1 FY27 Financial Highlights

SBI’s business crossed the Rs 110 trillion mark, while its Deposits crossed Rs 60 trillion and its advances grew by Rs 50 trillion. SBI reported its Q1 FY27 Return on Assets (ROA) at 1.11% and Return on Equity (ROE) at 17.87%. These ratios are a critical measure of a bank’s profitability.

The bank’s net interest margin (NIM) rose 5 basis points to 2.86%, while its domestic NIM for Q1 FY27 improved 7 bps to 3%. SBI’s Whole Bank Advances registered a 18.63% YoY growth, with domestic growth at 18.15% YoY, and Foreign Offices’ Advances rose 21.38% YoY in rupee terms and 9.97% in dollar terms.

The state-owned lender’s Provision Coverage Ratio (PCR) in Q1 FY27 stood at 74.20% while PCR (incl. AUCA) was reported at 91.82%. As of June 2027, SBI’s Capital to Risk Weighted Assets Ratio (CRAR) stands at 15.67%

👉SBI share price

Following the announcement of its results, SBI’s share price rose 3% in Friday’s intraday session on the NSE. Over the past one month, its stock has delivered a return of more than 8%, while over the past six months it has been trading flat.

Written by Devansi Verma

Source: Financial Express

07/08/26, Expecting Positive Momentum

The Nifty 50 witnessed range-bound trading for the third consecutive session before closing 11 points higher on August 6. However, the broader market structure remained strong, with the index trading well above all key moving averages, although momentum indicators signalled sideways action. The index is expected to remain in a consolidation phase in the short term, with the 24,700-24,800 zone acting as the immediate cap on the upside and the 24,500-24,400 zone providing support, as participants monitor developments related to the normalisation of shipping activity through the Strait of Hormuz. According to experts, the index needs to convincingly break out of this range on either side to determine its next directional move.

Levels for Nifty50 (cmp24636)

Resistance based on pivot points: 24,667, 24,684, and 24,712

Support based on pivot points: 24,611, 24,594, and 24,566

Special Formation: The Nifty 50 formed a Doji candlestick pattern on the daily charts, indicating indecisiveness among buyers and sellers. Momentum indicators also signalled sideways action. However, the broader market structure remains favourable for bulls, with the index trading well above all key moving averages and the 20-day and 50-day EMAs continuing to trend upward. Overall, the technical setup indicates a pause in momentum within an ongoing uptrend rather than a reversal, with the broader bullish bias remaining intact.

 Levels For The Nifty Bank (cmp58,064)

Resistance based on pivot points: 58,090, 58,176, and 58,314

Support based on pivot points: 57,813, 57,728, and 57,590

Resistance based on Fibonacci retracement: 59,247, 61,787

Support based on Fibonacci retracement: 57,305, 56,441

Special Formation: The Bank Nifty gained 0.56 percent and formed a bullish candlestick pattern on the daily charts after correcting over the previous two sessions, indicating renewed buying interest. However, the index continued to trade within Tuesday's range, signalling a lack of a decisive breakout. The banking index remained above all key moving averages, with the 20-day EMA providing support over the past four sessions. The RSI remained sideways at 56.31 while staying above its signal line. Meanwhile, the MACD continued to trend upward with a bullish crossover, and the green histogram bar expanded for another session, indicating strengthening positive momentum. Overall, the technical setup suggests that the broader uptrend remains intact, with the current consolidation likely to be a pause before the next directional move, provided key support levels continue to hold.

Report by Sybil Shankar Matkar 

Source:Network18

06/08/26, IRAN and Oman MOU

 Iran and Oman have reached an understanding on the geographical coordinates of a proposed shipping route through the Strait of Hormuz, Iran said. A joint announcement is now being finalised, although Tehran warned that third-party interference could disrupt the process.

Iran also said the agreement would not by itself guarantee security in the strategic waterway.
The proposed arrangement could give Iran greater control over ships entering the Gulf through Hormuz.

US-Iran War Updates: August 6

1. Iran and Oman are close to finalising a framework for commercial shipping through the Strait of Hormuz.
2. Iran says the proposed shipping arrangement with Oman would not automatically reopen the strait. Tehran says additional conditions, including US commitments, must be met.
3. Tehran says its talks with Oman are strictly bilateral and that no negotiations with Washington are underway. Iran acknowledged receiving US messages but said no decision has been made on further talks.
4. Yemen’s Houthis said they struck the Saudi oil tanker Daisy with a ballistic missile in the Gulf of Aden and forced it to turn back.
5. At least 10 commercial ships crossed the Strait of Hormuz in the past 24 hours, while 19 transited the Bab al-Mandeb. Traffic remains well below normal levels.
6. Iran’s president said sanctions and war have created the toughest conditions since the 1979 Islamic Revolution. He accused external powers of trying to weaken public support for the government.
7. Iran says the two countries have agreed on geographical coordinates for a proposed commercial shipping route through Hormuz. A joint statement is now being finalised.
8. Brent crude below $80/barrel, while WTI crude remains around $75/barrel.
9. Israel ordered residents of Mansouri to evacuate before carrying out strikes it said targeted Hezbollah. : US-mediated talks in Rome were suspended ahead of schedule following renewed Israeli strikes in southern Lebanon.
10. UKMTO said a vessel sank after an attack in the Bab al-Mandeb Strait but did not identify the ship or attacker. The Iran-backed Houthis have repeatedly threatened shipping in the waterway.

Crude Oil (WTI)	Brent	Natural Gas	Gasoline
$75.014	$79.342	$2.6688	$2.8289

Written by Ashma Grover,   AnjanaPV

Source: Financial Express 

06/08/26, Markets Today

The global markets are trading on a cautious note. The Asian peers fell in morning trade following the US markets. Indian investor sentiment is also following the trend. The GIFT Nifty is indicating a quiet start for Indian markets. It is up 11 points or 0.04%. 

Earlier on Wednesday, the Nifty 50 closed the session 0.04% higher at 24,625, while the BSE Sensex closed 0.19% higher at 78,581. 

🔑 Key global and domestic cues for August 06, 2026

✳Asian Markets

Asia-Pacific markets opened Thursday’s trade on a lower note following an overnight fall on Wall Street as tech stocks witnessed a sell-off. Japan’s Nikkei 225 slipped 0.51%, while the Topix inched higher. The Kospi dropped 1.84% at the open, while the small-cap Kosdaq gained 0.15%. Hong Kong Hang Seng index futures were at 25,674, lower than the index’s last close of 25,915.82.

✳US markets on Wednesday

On Wednesday, the US stock markets closed on a mixed note. The Dow Jones Industrial Average rose 263.24 points, or 0.49%, for a record close and its fifth positive day in a row. The S&P 500 pulled back 0.17% and snapped a four-day win streak. The Nasdaq Composite dropped 0.83%.

✳Crude oil

Crude oil prices slipped after US Treasury Secretary Scott Bessent said that the Hormuz Strait deal is likely this week. 

West Texas Intermediate (WTI) crude futures slipped 0.04% to trade at $75.19 per barrel. On the other hand, Brent crude futures were trading almost 0.11% higher at $79.54, below the psychologically important level of $80. On COMEX, crude prices traded 0.41% lower at $74.91 a barrel.

✳Gold rate today

On COMEX, the precious metal was trading at $4,351.20 an ounce, up 1.07%.

The rate for 24-carat gold today is Rs 1,48,510 per 10 grams. The price of gold has risen 3.12% from yesterday. The 24 kt gold rate today in Delhi is Rs 1,48,250 per 10 grams. The 18-carat gold price today in India is Rs 1,11,382.5. The 24-carat gold rate in Dubai today is Rs 1,49,590. 

✳Silver rate today

On COMEX, Silver prices traded 3.12% higher at $62.75 per troy ounce.

In India, the silver rate surged 2.8% to Rs 2.27 lakh per kilogram.

Silver had surged to record highs in January amid geopolitical tensions and economic uncertainty, with heavy speculative buying pushing prices higher, but soon faced volatility.

Written by Sparsh Bansal

Source: Financial Express

05/08/26, SENSEX AND NIFTY BANK graphs

 SENSEX

NIFTY BANK

05/08/26, RBI credit policy

The Reserve Bank of India (RBI) is expected to keep interest rates unchanged at its Monetary Policy Committee (MPC) meeting on August 5, with policymakers likely to adopt a wait-and-watch approach as uncertainty over the conflict in West Asia continues.

A Moneycontrol poll of 16 market participants, including economists, treasury heads and fixed-income experts conducted last week, suggests the central bank will maintain the policy repo rate at 5.25 percent while retaining its "neutral" stance.

Apart from the policy decision, the RBI's commentary on inflation, growth, capital flows and crude oil prices will be closely tracked for clues on the futurepolicy path.

Capital inflows in focus

Market participants will closely watch the RBI's assessment of foreign capital inflows, particularly after the central bank's recent measures to attract foreign currency deposits.

According to the latest Finance Ministry data, outstanding Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits crossed $60 billion at the end of July, up sharply from $32.56 billion as of June 5. State Bank of India (SBI) accounted for about $4.12 billion of these inflows.

Inflation outlook

While the RBI is widely expected to retain its inflation projections, any sustained spike in Brent crude prices could prompt a more cautious outlook.

In the June policy review, the RBI raised its FY27 inflation forecast to 5.1 percent from 4.6 percent. Inflation averaged around 4 percent during the April-June quarter, comfortably within the central bank's target band of 2-6 percent, against its forecast of 4.2 percent for the quarter.

Growth projections

The RBI's FY27 GDP growth forecast will also be closely watched. Most economists expect the central bank to retain its projection of 6.6 percent, supported by resilient domestic demand despite heightened global uncertainties.

Policymakers are likely to wait for greater clarity on global developments before revising their growth outlook.

Meanwhile, SBI Research has estimated India's GDP growth at around 7 percent in the April-June quarter. In its previous policy review, the RBI had lowered its FY27 growth forecast to 6.6 percent from 6.9 percent.

Crude oil assumptions

Brent crude prices remain a key variable for the MPC's inflation assessment.

Oil prices have remained volatile since the June policy amid the ongoing conflict in West Asia. Although Brent has eased to around $84 per barrel after surging earlier, policymakers are expected to factor geopolitical risks into their inflation projections.

Several economists have already revised their FY27 Brent assumptions from around $65 per barrel to a range of $85-$90 per barrel.

Outlook on future rate moves

While economists have largely ruled out a rate hike at this meeting, views remain divided on the policy trajectory beyond August.

Some market participants believe the RBI could consider a 25-basis-point rate hike in October if crude prices rise sharply again. Others expect the central bank to remain on hold, particularly as the US Federal Reserve has indicated no immediate plans to tighten policy further.

The US Federal Reserve recently kept interest rates unchanged at 3.50-3.70 percent. Although Chair Kevin Warsh reiterated the Fed's commitment to containing inflation, he stopped short of signalling further rate increases, leaving markets with limited guidance on the policy outlook.

written by Archishma Iyer

Source: Network18 

05/08/26, Iran has rejected US President Donald Trump's and Treasury Secretary Scott Bessent's claims that the Strait of Hormuz could reopen under a new agreement within days, insisting that its ongoing negotiations with Oman are not being held with US participation and are instead focused on creating a new maritime framework that safeguards Iran's sovereignty.

 According to Press TV, citing an informed source, Tehran said the talks with Oman are aimed at establishing what it described as an "intermediate corridor" through the strategic waterway.

The source said the proposed arrangement would replace both the existing Iran-controlled northern route and the US-backed southern route with a new corridor designed to protect Iran's sovereignty, national interests and security.

Iran dismisses Trump's timeline

The remarks came after Treasury Secretary Scott Bessent said the United States could reach an agreement with Iran "today or tomorrow" to reopen the Strait of Hormuz and restore freedom of navigation.

President Donald Trump had also said negotiations were progressing and suggested the waterway could reopen quickly.

Iran, however, rejected those claims.

According to Press TV, the source said, "Trump has violated his commitments, and Iran is moving forward with its plan to establish arrangements in the Strait independently of US threats, and it will succeed."

The source added, "Iran does not shape its interests and priorities based on schedule or demands of Trump."

Iran says talks are progressing with Oman

Earlier on Tuesday, Iran's state-run IRNA News Agency said technical and political discussions with Oman had been "constructive."

"Technical and political discussions have so far been constructive. Iran is working with Oman to develop frameworks for future maritime traffic management in this strategic chokepoint, with final results to be publicized once finalized," IRNA quoted Iranian officials as saying.

Separately, Al Jazeera, citing Iranian diplomatic sources and official statements, reported that the negotiations with Oman have been making steady progress despite remaining differences.

According to the report, Iranian Foreign Minister Abbas Araghchi recently indicated that the talks had made good progress. Foreign Ministry spokesperson Esmaeil Baghaei also described the negotiations positively while acknowledging that some issues still remain unresolved.

Diplomatic sources in Tehran told Al Jazeera that an agreement is now within reach, although they accused unnamed "disrupting actors" of attempting to derail the process. The sources said it was possible that a deal could be reached by the end of Wednesday.

Proposed arrangement gives Iran greater control

According to the Press TV report, the proposed agreement with Oman would significantly expand Iran's oversight of maritime traffic through the Strait of Hormuz.

The report said Iran would exercise full sovereign authority over all inbound commercial shipping, while Oman would play a limited role in clearing outbound vessels.

However, Oman would do so only after notifying Iranian authorities, allowing Tehran to maintain visibility over vessel movements and retain the ability to intervene whenever necessary, according to the report.

Hormuz deal could open the door for wider diplomacy

According to Al Jazeera, Iranian diplomatic sources believe the Oman negotiations are significant primarily because they could create a mechanism for managing trade through the Strait of Hormuz rather than resolving the broader conflict.

The report said that if Tehran and Muscat succeed in reaching an agreement, it could pave the way for wider diplomatic engagement between Iran and the United States.

However, officials indicated that several major disputes would still remain unresolved.

These include de-mining operations in and around the Strait of Hormuz, the US naval blockade, sanctions relief, the return of Iran's frozen overseas assets, the future of Iran's nuclear programme, and security guarantees that Tehran has sought to prevent what it views as another cycle of war followed by temporary peace and renewed confrontation.

According to Al Jazeera, Iranian officials maintain that all of these issues ultimately need to be resolved through diplomacy rather than another round of military escalation.

Strait of Hormuz remains the key sticking point

The Strait of Hormuz has become the central issue in diplomatic efforts to ease the nearly six-month conflict between Iran and the United States.

Before the war, commercial vessels moved freely through the waterway, which carried around one-fifth of global oil shipments.

Since hostilities escalated, Iran has tightened control over the strait and has pushed for a new maritime management framework, while the United States has continued to insist on unrestricted freedom of navigation.

Despite growing diplomatic activity involving Oman and Washington's optimism about a breakthrough, Iran continues to reject suggestions that any agreement is being negotiated directly with the United States, maintaining that the current negotiations remain exclusively between Tehran and Muscat.

Source:Network18

05/08/26, BANKING NEWS

Ahead of the Reserve Bank of India’s monetary policy announcement on Wednesday, banking system liquidity has improved on account of inflows from foreign currency non-resident bank {(FCNR) (B)} deposits.

The system liquidity was at a surplus of Rs 2.4 lakh crore as on Monday, the highest since May 16. It averaged at Rs 1.64 lakh crore over the past week, compared with Rs 1.07 lakh crore in July, according to data from the Reserve Bank of India (RBI).

“Banking system liquidity has improved on the back of robust FCNR (B) inflows. With less intervention required by the RBI in the currency market, FCNR (B) flows are translating into more system liquidity. We expect liquidity conditions to strengthen further as inflows continue to rise,” said Alok Singh, treasury head at CSB Bank.

Followed by the improved liquidity, the weighted average call rate (WACR) eased to 5.06% on Tuesday compared to 5.10% on Monday and an average of 5.23% in July. Volume in the call market has also come down over the past few days due to improved liquidity.

written by Christina Titas 

source: Financial Express

04/08/26, US Markets

US markets on Tuesday morning rallied to record highs with the S&P 500, Dow Jones and Nasdaq advancing sharply over a big signal of the Hormuz crisis easing. The upbeat corporate earnings, continued optimism around artificial intelligence (AI) and easing geopolitical tensions also boosted investor sentiment.

At the time of filing the report, S&P 500 climbed at 7,735.17 for the first time in history, gaining 1.77% during the session. The rally also pushed the combined market capitalisation of companies in the benchmark index above $70 trillion for the first time.

Bloomberg reported that prospect of an interim Iran deal focused on the Strait of Hormuz appeared are gaining traction with Iran indicating that it will allow Europe to remove mines from the sea route.

Reuters reported the latest gains were led by AI-linked companies, with investors cheering another round of strong earnings that reinforced confidence in the technology sector.

Palantir Technologies surged 26% after raising its annual revenue forecast again, highlighting sustained demand for its AI-powered software platforms.

Industrial equipment maker Caterpillar jumped 5.8% after raising its annual revenue growth outlook, benefiting from rising demand for equipment used in the construction of AI data centres.

The results followed strong quarterly performances from Microsoft and Amazon last week, which reassured investors that massive investments in artificial intelligence are translating into stronger business growth.

Chip stocks extend rally

Semiconductor stocks were among the biggest gainers on Wall Street. The Philadelphia Semiconductor Index (SOX) climbed nearly 5.8%, showing continued optimism over AI-related demand for advanced chips.

Among technology giants, Microsoft gained around 2%, while Amazon eased about 2% after its recent rally. The technology sector rose 3.5%, helping offset weakness in several other sectors of the S&P 500, Reuters reported.

Earnings season beats expectations

Corporate earnings have broadly exceeded market expectations this quarter.

According to Reuters, 304 companies in the S&P 500 had reported second-quarter earnings as of last week, with 85.2% surpassing analysts’ estimates, well above the long-term average of 67.5%.

Elsewhere, Pfizer rose after reporting better-than-expected quarterly results, while McDonald’s also traded higher despite posting disappointing earnings.

Investors are also awaiting SpaceX’s first earnings report since its public listing.

Falling crude prices add to optimism

Markets also drew support from declining oil prices after signs of possible diplomatic progress in the Middle East.

Crude prices fell around 4% after a Qatari official said negotiations to resolve the regional conflict were continuing. On Tuesday, crude oil price fell below $80. Separately, US Treasury Secretary Scott Bessent said an agreement with Iran to reopen the Strait of Hormuz could be reached as early as Tuesday or Wednesday.

Lower oil prices eased concerns over inflation and supported expectations of improved corporate profitability.

Trade developments boost select tech firms

Technology stocks also received support after Reuters reported that the Trump administration is drafting restrictions on imports of new Chinese data centre components.

Following the report, US photonics firms Coherent and Lumentum gained sharply as investors anticipated stronger demand for domestic suppliers.

written by Financial Express

04/08/26, Live Market News

Nifty 50 opened lower on August 4, reversing part of the previous session's sharp rise that came as exchanges launched a new mechanism to price stocks at close.

At 9:45 am, the Sensex was up 194.77 points or 0.25% at 78,833.80, and the Nifty was down 149.55 points or 0.60 percent at 24,624.75. About 2001 shares advanced, 1131 shares declined, and 174 shares unchanged.

The Nifty and the Sensex rose 1.6% and 0.7% on Monday, showing a rare divergence after the launch of the new auction mechanism for stocks with futures and options contracts.

The Nifty saw a massive 200-point jump during the closing auction, driven by moves of 1% or more in about 12 index heavyweights, said Devarsh Vakil, head of prime research at HDFC Securities. Part of that move was likely to reverse at the open, Vakil had said.

Fifteen of the 16 major sectors logged losses at the open. The broader small-caps rose 0.4% and mid-caps fell 0.2%.

written by J.Jagannath 

Source: Network18 

04/08/26, FinancialMarket TODAY

 

The global markets are trading on a mixed note. The Asian peers are cautious in morning trade. Indian investor sentiment is also showing similar trends. The GIFT Nifty is indicating a negative start for Indian markets, down 34 points or 0.14%. 

Earlier on Monday, the Nifty 50 closed the session 1.60% higher at 24,774, while the BSE Sensex closed 0.70% higher at 78,639.

The Nifty saw a 200-point  jump during the last few minutes of the closing because of the new closing system.

 Nifty jumped 200 points in last-minute trade today? Experts decode the new Closing Auction Session

Key global and domestic cues for August 04, 2026

Asian Markets

Asia-Pacific markets opened Tuesday’s trade on a mixed note following overnight gains on Wall Street, aided by falling crude oil prices. Japan’s Nikkei 225 fell 0.83% while the Topix declined 0.59%. The Kospi dropped 1.27% at the open, while the small-cap Kosdaq surged 3.33%. Hong Kong Hang Seng index futures were last at 25,922, compared with the index’s last close of 25,884.43.

US markets on Monday

On Monday, the US stock market closed higher as Trump called off plans to strike Iran. The Dow jumped 693.38 points or 1.32%, to end the day at 53,178.41. The S&P 500 gained 1.48% to end at 7,600.50. The Nasdaq Composite advanced 2.13% to 25,913.90.

Crude oil

Crude oil prices slipped after US President Donald Trump cancelled a planned attack on Iran. 

West Texas Intermediate (WTI) crude futures slipped 0.87% to trade at $81.04 per barrel. On the other hand, Brent crude futures were trading almost 0.7% higher at $84.39, below the psychologically important level of $90. On COMEX, crude prices traded 0.75% higher at $80.94 a barrel.

Gold rate today

On COMEX, the precious metal was trading at $4,110.90 an ounce, up 0.5%.

The rate for 24-carat gold today is Rs 1,42,740 per 10 grams. The price of gold has fallen 0.3% from yesterday. The 24 kt gold rate today in Delhi is Rs 1,42,490 per 10 grams. The 18-carat gold price today in India is Rs 1,07,055. The 24-carat gold rate in Dubai today is Rs 1,49,590. 

Silver rate today

On COMEX, Silver prices traded 1% higher at $58.43 per troy ounce.

In India, the silver rate fell 0.45%% to Rs 2.16 lakh per kilogram.

Silver had surged to record highs in January amid geopolitical tensions and economic uncertainty, with heavy speculative buying pushing prices higher, but soon faced volatility.

FII, DII data

Foreign institutional investors (FIIs) were net buyers of shares worth Rs 922.26 crore. On the other hand, the Domestic institutional investors (DIIs) were net buyers of shares worth Rs 1,571.18 crore on August 03, 2026, according to the provisional data available on the NSE.

US dollar

The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.04% higher at 100. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee appreciated 0.06% to close at 95.34 to the dollar on August 03.

Top sectors in Monday’s trade

The NBFC sector’s stocks surged the most in Monday’s trade, rising 3.8% in market capitalisation. Further, Education stocks were followed by the Electric Equipment sector stocks, which were further followed by the Cables stocks. However, the Rubber sector stocks fell the most, declining 3%.

written by Sparsh Bansal

source: Financial Express

03/08/26, PostMarket REPORT

 

The stock market benchmark indices Sensex and Nifty rallied on Monday, supported by a sharp fall in crude oil prices, easing geopolitical tensions and sustained foreign fund inflows.

At around 12 pm, the Sensex climbed 651.08 points or 0.83 at 78,745.72, while the broader Nifty climbed to 24,601.55, up 217.95 points or 0.89 percent.

Except for the Nifty Pharma index, all sectoral indices were trading in the green. The broader Nifty Smallcap 100 and Nifty Midcap 100 indices gained 1.08 percent and 0.84 percent, respectively.

Key factors behind market rise

1) Decline in crude oil prices: Brent crude, the global oil benchmark, fell 4.97 percent to USD 83.56 a barrel. The decline in crude prices is seen as positive for India, which imports a major part of its crude oil requirement.

2) FII inflows: Foreign Portfolio Investors (FPIs) turned net buyers in July, purchasing equities worth Rs 20,199 crore. Of this, Rs 6,731 crore came through exchanges, while Rs 13,467 crore was under the 'primary market and others' category. Debt inflows also witnessed a sharp rise, with Rs 29,211 crore coming through the 'General Limit' category alone.

"The excessive volatility in markets like South Korea and Taiwan and the concentration risk in the 'chip trade' are prompting the FPIs to look for stabler markets like India. The stability in rupee and fair valuations of India's large cap stocks are other factors that are facilitating the renewed FPI inflows into India.

"A significant recent trend is the FPIs buying into Indian mid and small cap stocks. The high growth potential of this segment is the principal reason for the increasing FPI allocation to these segments," Dr V K Vijayakumar, Chief Investment Strategist at Geojit Investments, said.

3) Easing geopolitical concerns: Investor sentiment improved after US President Donald Trump indicated that negotiations with Iran were expected to resume on Monday, raising hopes of a diplomatic solution following recent military tensions.

"The decline in Brent crude to below USD 84, good progress in monsoon in July and FIIs turning buyers are positive triggers for the market," Vijayakumar added.

4) Firm global cues: Asian markets traded higher, with Hong Kong's Hang Seng index gaining in early trade. US markets had ended in the positive territory on Friday. Nasdaq and other Wall Street futures were up by as much as 1 percent, indicating a firm opening for US equities later in the day.

"Global risk sentiment has been supported by a sharp correction in crude oil prices as easing geopolitical concerns prompted investors to unwind the recent risk premium," Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said.

5) Rupee rises: The rupee appreciated 31 paise to 95.12 against the US dollar, aided by the sharp decline in global crude oil prices and a weaker greenback after US President Donald Trump decided to hold off strikes against Iran. According to forex traders, foreign fund inflows, a rise in the country's foreign exchange reserves and support from the Reserve Bank of India also strengthened the domestic currency. At the interbank foreign exchange market, the rupee opened at 95.15 against the US dollar before rising further to 95.12, up 31 paise from its previous close.

6) Strong Q1 results: The June quarter earnings season has remained largely free of major disappointments. ITC rose 3.8 percent, helping the consumer index gain 1.6 percent, despite reporting a decline in quarterly profit, as several brokerages viewed the cigarette volume growth as a positive for future earnings.

Divi's Laboratories advanced 3.2 percent after posting a rise in quarterly profit, while Urban Company surged 16 percent after reporting a 44 percent increase in first-quarter revenue.

Financial stocks, which carry the highest weight on the benchmark indices, gained 1 percent, led by Bajaj Finance and Bajaj Finserv, which rose around 3 percent each after announcing their quarterly results.

Beyond the rebound in Asian memory stocks, which supported domestic equities, Jefferies said foreign inflows, credit growth, auto sales, property activity and power demand have exceeded expectations, while June-quarter earnings have been broadly encouraging.

Technical Outlook

Anand James, Chief Market Strategist at Geojit Investments, said "Being in the vicinity of the the peaks of April, May and July, expect pull back attempts, making 24600 the challenge to overcome. Meanwhile, we feel that the base has shifted to 24100 region where the 20 and 10 day SMAs converge, and this can be used as a downside marker, while dips are entered, with an eye on 24800 initially."

Report by Paras Bist

Source:Network18

Disclaimer: The views and investment tips expressed by investment experts here are their own and not those of  us.We advises readers and investors to check with certified experts before taking any investment decisions.

03/08/26, Indian benchmark indices Sensex and Nifty are set to open sharply higher today

 Indian benchmark indices Sensex and Nifty are set to open sharply higher on Monday, with GIFT Nifty signalling a gap-up start as hopes of easing tensions in the Middle East triggered a steep fall in crude oil prices. Strong gains on Wall Street and sustained foreign fund inflows further supported investor sentiment.

GIFT Nifty was trading at 24,618 on Monday morning, up 170 points or 0.7 percent, indicating the Nifty 50 could open well above Friday's close of 24,383.60. The positive opening signals come after Indian equities extended their winning streak for a third consecutive session on Friday. The Sensex rose 166.49 points, or 0.21 percent, to close at 78,094.64, while the Nifty gained 66.45 points, or 0.27 percent, to finish at 24,383.60.

Crude tumbles as Middle East tensions ease

The biggest boost to market sentiment came from a sharp decline in crude oil prices after US President Donald Trump said talks with Iran would take place on Monday, raising hopes of a diplomatic breakthrough and easing fears of prolonged disruptions to energy supplies.

Brent crude futures fell as much as 7.3 percent to $81.55 a barrel, while US West Texas Intermediate crude dropped 5.4 percent to $80.10 a barrel. The decline followed Trump's decision to call off an imminent military strike on Iran in favour of negotiations aimed at reopening the Strait of Hormuz and resolving the impasse over Tehran's nuclear programme.

Asian markets mixed despite positive global backdrop; Wall Street gains on Amazon earnings

Asian markets traded mixed on Monday as investors booked profits in South Korean technology stocks following last week's sharp rally.

South Korea's Kospi fell as much as 5.5 percent, with Samsung Electronics and SK Hynix dropping around 9 percent each. Japan's Nikkei slipped 1 percent, while MSCI's broadest index of Asia-Pacific shares outside Japan declined 1 percent.

However, US futures remained positive, with S&P 500 futures rising 0.4 percent and Nasdaq futures gaining 0.6 percent, indicating continued optimism around US technology stocks.

US equities ended higher on Friday after Amazon's better-than-expected quarterly results strengthened confidence in AI-related spending, outweighing weakness in Apple shares following its earnings.

The S&P 500 advanced 0.70 percent, while the Nasdaq gained 1 percent and the Dow Jones Industrial Average rose 0.53 percent.

FIIs extend buying streak

Foreign institutional investors (FIIs) remained net buyers for a fourth consecutive session on Friday, purchasing Indian equities worth Rs 277 crore. Domestic institutional investors (DIIs) also supported the market, buying shares worth Rs 2,260 crore.

The sustained institutional inflows have helped improve sentiment after bouts of foreign selling earlier in the month. Investors are likely to monitor developments surrounding the proposed US-Iran talks, movements in crude oil prices and global equity markets for fresh direction.

Source: moneycontrol

---

Disclaimer: The views and investment tips expressed by experts here are their own and not of us. We advise traders and readers to check with certified experts before taking any investment decisions.

03/08/26, Index Levels

 

02/08/26, The combined market capitalisation of nine of India's 10 most valuable listed companies rose by nearly Rs 2.51 lakh crore last week, tracking a broad recovery in the stock market as easing crude prices, improving geopolitical sentiment and stronger quarterly earnings lifted investor confidence.

Bajaj Finance emerged as the biggest beneficiary among the top 10 firms, with its market valuation climbing by more than Rs 80,000 crore during the week. The sharp rise came as the financial services company reported a 28 per cent year-on-year increase in consolidated profit after tax for the June quarter of FY27.

The benchmark BSE Sensex gained 2,034.87 points, or 2.67 percent, over the week, while the NSE Nifty advanced 616.15 points, or 2.59 percent.

"Markets staged a strong rebound during the week, snapping their recent losing streak as easing crude oil prices, improving geopolitical sentiment, encouraging Q1 FY27 earnings, and renewed foreign institutional investor (FII) buying lifted risk appetite," said Ajit Mishra, SVP-Research at Religare Broking.

Bajaj Finance's market value increased by Rs 80,345.97 crore to Rs 7,10,817.51 crore, making it the strongest performer among the country's 10 most valued companies. Its shares ended more than 8 per cent higher on Friday following the quarterly earnings announcement.

Bharti Airtel was the second-biggest gainer in terms of market valuation, adding Rs 44,959.5 crore to reach Rs 12,30,005.63 crore.

The market capitalisation of Tata Consultancy Services rose by Rs 40,414.03 crore to Rs 8,55,894.78 crore, while Reliance Industries added Rs 39,447.35 crore, taking its valuation to Rs 17,69,108.79 crore.

Larsen & Toubro's market value increased by Rs 21,096.8 crore to Rs 5,41,844.69 crore. State Bank of India also gained Rs 10,845.97 crore, with its market capitalisation reaching Rs 9,47,799.81 crore.

HDFC Bank added Rs 8,164.73 crore to its valuation, which stood at Rs 11,52,150.63 crore at the end of the week. Life Insurance Corporation of India gained Rs 4,427.49 crore, while ICICI Bank's market value rose by Rs 1,660.37 crore.

Hindustan Unilever was the sole decliner among the top 10 companies. Its market capitalisation fell by Rs 10,326.46 crore to Rs 4,93,602.13 crore during the week.

Reliance Industries continued to hold the top spot in India's market-cap ranking, followed by Bharti Airtel, HDFC Bank, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, LIC and Hindustan Unilever.

The week's rally marked a notable shift in market sentiment after a period of weakness, with investors responding positively to a combination of domestic earnings momentum and improved global risk appetite. The return of foreign institutional buying also provided additional support to the broader market, helping lift valuations across several heavyweight stocks.

 Source: Network18 

31/07/26, GIFT NIFTY signals steady start

The global markets are trading on a higher note, led by chip stocks. The Asian peers skyrocketed. Also, crude oil prices are trading below the $90 a barrel mark. The GIFT Nifty is indicating a higher start for Indian markets, up 49 points or 0.20%. 

Earlier on Thursday, the Nifty 50 closed the session 0.28% higher at 24,317, while the BSE Sensex closed 0.35% higher at 77,928.15. 

Key global and domestic cues for July 31, 2026

Asian Markets:

Asia-Pacific markets opened Friday’s trade on a higher note as chip stocks soared. South Korea’s Kospi surged over 14%, leading gains in the region after chip behemoths SK Hynix and Samsung Electronics surged, triggering a trading halt. Japan’s benchmark Nikkei 225 jumped over 5%, while the Topix added 1.94%. The S&P/ASX 200 rose 0.64%. Futures for Hong Kong’s Hang Seng index last traded at 26,021 compared to the index’s close of 25,858.88.

US Stock Futures :

US stock futures tied to benchmarks are trading higher on Friday morning as Wall Street staged a sharp rebound. Nasdaq 100 futures gained 0.5%. Futures on the Dow Jones Industrial Average rose 0.2%, while S&P 500 futures inched up 0.1%

US markets on Thursday:

On Thursday, the US stock market rebounded a day after the US Federal Reserve kept rates unchanged as investors expected a rate cut to fight inflation. Software and semiconductor stocks led the rally. The Nasdaq Composite finished 2.8% higher at 25,122.18, ending a six-day losing streak. The Dow Jones Industrial Average surged 613.92 points, or 1.2%, to end the day at 52,208.06, while the S&P 500 climbed 1.7% to settle at 7,437.63.

Crude oil:

West Texas Intermediate (WTI) crude futures slipped 1.15% to trade at $82.63 per barrel. On the other hand, Brent crude futures with August delivery were trading 0.45% lower at $88.63, below the psychologically important level of $90. On COMEX, crude prices traded 0.24% higher at $83.79 a barrel.

Gold rate today:

On COMEX, the precious metal was trading at $4,152.6 an ounce, down 0.19%.

The rate for 24-carat gold today is Rs 1,43,820 per 10 grams. The price of gold has risen 0.91% from yesterday. The 24 kt gold rate today in Delhi is Rs 1,43,570 per 10 grams. The 18-carat gold price today in India is Rs 1,07,865. The 24-carat gold rate in Dubai today is Rs 1,49,590. 

Silver rate today:

On COMEX, Silver prices traded 0.12% higher at $59.09 per troy ounce.

In India, the silver rate rose 1.08%% to Rs 2.20 lakh per kilogram.

Silver had surged to record highs in January amid geopolitical tensions and economic uncertainty, with heavy speculative buying pushing prices higher, but soon faced volatility.

FII, DII data

Foreign institutional investors (FIIs) were net buyers of shares worth Rs 3,623.51 crore. On the other hand, the Domestic institutional investors (DIIs) were net sellers of shares worth Rs 1,864.03 crore on July 30, 2026, according to the provisional data available on the NSE

US dollar

The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.16% higher at 100.15. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee appreciated 0.03% to close at 95.68 to the dollar on July 30.

Written by Sparsh Bansal 

Source: Financial Express