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

31/07/26, Quick look at which stocks will be in focus in today's trad

Results Today, 31/07/26

Maruti Suzuki India, Bajaj Finserv, ITC, Sun Pharmaceutical Industries, Indian Oil Corporation, GAIL (India), Shree Cement, Bajaj Holdings & Investment, ABB India, Aadhar Housing Finance, Aditya Birla Capital, Clean Max Enviro Energy Solutions, Dixon Technologies (India), Glenmark Pharmaceuticals, National Aluminium Company, Narayana Hrudayalaya, Shadowfax Technologies, and Urban Company will announce their quarterly earnings today.

Results on August 1

Divis Laboratories, Aditya Birla Lifestyle Brands, APL Apollo Tubes, Clean Science and Technology, Epack Prefab Technologies, Gujarat Ambuja Exports, Latent View Analytics, Muthoot Finance, and Utkarsh Small Finance Bank will release their quarterly results on August 1

Quarterly Earnings

Tata Steel Q1 (Consolidated YoY)

Profit grows 11.6% to Rs 2,318.5 crore Vs Rs 2,077.7 crore

Revenue increases 14.3% to Rs 60,794.3 crore Vs Rs 53,178.1 crore

Exceptional loss stands at Rs 345.5 crore Vs loss of Rs 132 crore

Board approves Rs 33,873 crore worth capex for 4.8 MTPA steelmaking capacity expansion

Bajaj Finance Q1 (Consolidated YoY)

Profit soars 28% to Rs 6,081 crore Vs Rs 4,765 crore

Net interest income jumps 23% to Rs 12,571 crore Vs Rs 10,228 crore

Swiggy Q1 (Consolidated YoY)

Loss narrows to Rs 791 crore Vs loss of Rs 1,197 crore

Revenue increases 37.3% to Rs 6,812 crore Vs Rs 4,961 crore

Mazagon Dock Shipbuilders Q1 (Consolidated YoY)

Profit surges 21.5% to Rs 549.4 crore Vs Rs 452.2 crore

Revenue rises 12.1% to Rs 2,942.7 crore Vs Rs 2,625.6 crore

Torrent Pharmaceuticals Q1 (Consolidated YoY)

Profit increases 3.3% to Rs 566 crore Vs Rs 548 crore

Revenue jumps 54.8% to Rs 4,921 crore Vs Rs 3,178 crore

Exceptional loss stands at Rs 21 crore Vs Nil

Other expenses spike to Rs 1,201 crore Vs Rs 767 crore

Pricol Q1 (Consolidated YoY)

Profit zooms 34.3% to Rs 67.02 crore Vs Rs 49.9 crore

Revenue surges 23.5% to Rs 1,105.4 crore Vs Rs 895.3 crore

LIC Housing Finance Q1 (Consolidated YoY)

Profit rises 9.9% to Rs 1,499 crore Vs Rs 1,364 crore

Net interest income increases 0.6% to Rs 2,087.2 crore Vs Rs 2,074.6 crore

Chambal Fertilisers & Chemicals Q1 (Consolidated YoY)

Profit falls 4.6% to Rs 523.6 crore Vs Rs 548.9 crore

Revenue declines 11.8% to Rs 5,027 crore Vs Rs 5,697.6 crore

Global Health Q1 (Consolidated YoY)

Profit slips 0.2% to Rs 158.7 crore Vs Rs 159 crore

Revenue grows 26.5% to Rs 1,304 crore Vs Rs 1,030.8 crore

Q1FY26 profit included Rs 19.5 crore exceptional gain

Data Patterns India Q1 (YoY)

Profit drops 13.5% to Rs 22.1 crore Vs Rs 25.5 crore

Revenue rises 16.8% to Rs 116 crore Vs Rs 99.33 crore

Aarti Industries Q1 (Consolidated YoY)

Profit zooms 260.5% to Rs 155 crore Vs Rs 43 crore

Revenue increases 42.4% to Rs 2,387 crore Vs Rs 1,676 crore

Rainbow Children's Medicare Q1 (Consolidated YoY)

Profit surges 13.2% to Rs 60.6 crore Vs Rs 53.5 crore

Revenue jumps 33.2% to Rs 470 crore Vs Rs 352.9 crore

Satin Creditcare Network Q1 (Standalone YoY)

Profit spikes 182.4% to Rs 120.3 crore Vs Rs 42.6 crore

Net interest income increases 14.5% to Rs 363.1 crore Vs Rs 317.2 crore

Thermax Q1 (Consolidated YoY)

Profit sinks 83.4% to Rs 25.2 crore Vs Rs 152.4 crore

Revenue grows 6.7% to Rs 2,302.7 crore Vs Rs 2,157.5 crore

GNG Electronics Q1 (Consolidated YoY)

Profit surges 56.2% to Rs 28.9 crore Vs Rs 18.5 crore

Revenue soars 32.1% to Rs 412.5 crore Vs Rs 312.3 crore

Indegene Q1 (Consolidated YoY)

Profit falls 0.2% to Rs 116.2 crore Vs Rs 116.4 crore

Revenue jumps 39.7% to Rs 1,063.1 crore Vs Rs 760.8 crore

AWL Agri Business Q1 (Consolidated YoY)

Profit surges 48.2% to Rs 350.3 crore Vs Rs 236.4 crore

Revenue grows 17.5% to Rs 20,048.1 crore Vs Rs 17,058.7 crore

AWL Agri Biz appoints Pankaj Goyal as CFO effective July 31

RailTel Corporation of India Q1 (YoY)

Profit declines 0.5% to Rs 65.8 crore Vs Rs 66.1 crore

Revenue zooms 20.1% to Rs 893.3 crore Vs Rs 743.8 crore

Nucleus Software Exports Q1 (Consolidated YoY)

Profit tanks 32.2% to Rs 23.9 crore Vs Rs 35.2 crore

Revenue slips 3.3% to Rs 210.4 crore Vs Rs 217.7 crore

Stocks to Watch

Astra Microwave Products

The company has received an order worth Rs 2,205.23 crore from Hindustan Aeronautics for the procurement of 122 Advanced Airborne Active Array Units (AAAUs) and 121 interface frames for the Uttam Radar programme.

Navin Fluorine International

The company has signed an agreement with the Defence Research and Development Organisation (DRDO) for the bulk manufacturing of sodium borohydride, with the aim of accelerating the indigenous process development of a critical defence material.

Bulk and Block Deals

IIFL Finance

FIH Mauritius Investments sold 63.39 lakh shares, representing a 1.49 percent stake in IIFL Finance, for Rs 374.02 crore. The shares changed hands at Rs 590 apiece.

Following the transaction, Fairfax's holding in IIFL Finance is expected to decline from 15.18 percent, based on the June 2026 shareholding pattern.

The buyers included American Funds Insurance Series Global Small Capitalization Fund, which purchased 1.66 lakh shares (0.04 percent) for Rs 9.8 crore, and Capital Group-backed Smallcap World Fund, which acquired 61.73 lakh shares (1.45 percent) for Rs 364.2 crore.

Bai-Kakaji Polymers

Abakkus Venture Opportunities Fund purchased 6.08 lakh shares, representing a 2.84 percent stake in Bai-Kakaji Polymers, for Rs 12.18 crore at Rs 200.34 per share.

On the selling side, Tiger Strategies Fund-I offloaded 1.08 lakh shares for Rs 2.16 crore, while Sanjay Popatlal Jain sold 3.42 lakh shares, representing a 1.59 percent stake, for Rs 6.84 crore. Both transactions were executed at Rs 200 per share.

Xtranet Technologies

Mittal Growth Partners LLP acquired 9.4 lakh shares, representing a 1.79 percent stake in Xtranet Technologies, for Rs 12.69 crore at Rs 135.04 per share.

Sapphire Foods India

Fidelity Funds India Focus Fund purchased an additional 20.22 lakh shares, representing a 0.62 percent stake in Sapphire Foods India, for Rs 39.58 crore at Rs 195.7 per share.

The Government of Singapore sold 18.95 lakh shares, or a 0.58 percent stake, in Sapphire Foods India for Rs 37.1 crore at Rs 195.71 per share.

As of June 2026, Fidelity Funds India Focus Fund and the Government of Singapore held 3.15 percent and 3.75 percent stakes, respectively, in Sapphire Foods India.

Source: Network18

31/07/26, Market Today

 The Nifty 50 posted gains of 0.3 percent despite range-bound trading, extending its uptrend for another session on July 30. Given the improvement in momentum indicators and the index sustaining well above its short- and medium-term moving averages, while continuing to form a higher high-higher low pattern backed by higher trading volumes, along with stable crude oil prices and a subdued India VIX, the index is expected to advance towards its immediate hurdle at 24,400 (200-day EMA). A decisive move above this level could pave the way for the 24,500-24,600 zone (previous swing highs, which have also attracted the maximum Call open interest), provided the 24,100 level continues to hold as support, according to experts.

1) Key Levels For The Nifty750 (24,317)

Resistance based on pivot points: 24,342, 24,379, and 24,438

Support based on pivot points: 24,223, 24,186, and 24,127

Special Formation: The Nifty 50 maintained its overall uptrend and has already recovered the previous week's losses. On the daily timeframe, the index formed a bullish candlestick with minor upper and lower wicks, indicating consolidation near overhead resistance levels such as the 200-day EMA and previous swing highs, while continuing to maintain a higher high-higher low formation. The index sustained above its 20-, 50-, and 100-day EMAs, reflecting a bullish bias, while the RSI climbed to 57.66 and remained above the reference line. Meanwhile, the MACD is on the verge of a bullish crossover. All these indicators point to strengthening bullish momentum and suggest the potential for a further upside move, provided key support levels remain intact.

2) Key Levels For The Nifty Bank(57,147)

Resistance based on pivot points: 57,230, 57,340, and 57,519

Support based on pivot points: 56,872, 56,762, and 56,583

Resistance based on Fibonacci retracement: 57,253, 59,247

Support based on Fibonacci retracement: 56,441, 55,742

Special Formation: The Bank Nifty continued to trade between the 20-day EMA and the 50- and 100-day EMAs, as well as within the 23.6 percent and 38.2 percent Fibonacci retracement levels of the rally from the May low to the June high, for the fourth consecutive session, indicating a lack of clear direction. The banking index formed a Doji-like candlestick pattern on the daily charts, signalling indecisiveness among participants for another session. The RSI remained largely unchanged at 49.44 and stayed below the reference line, suggesting a lack of strong bullish or bearish momentum. Meanwhile, the MACD continued to inch down towards the zero line, although the red histogram bars showed fading weakness. All these indicators suggest that Bank Nifty is likely to remain range-bound until a decisive breakout or breakdown provides a clearer directional bias.

3) Nifty Call Option Faya:

According to the weekly options data, the maximum Call open interest was seen at the 24,600 strike (with 1.01 crore contracts). This level can act as a key resistance level for the Nifty in the short term. It was followed by the 24,500 strike (99.84 lakh contracts) and 24,700 strike (77.46 lakh contracts).

Maximum Call writing was observed at the 24,500 strike, which saw an addition of 31.18 lakh contracts, followed by the 24,600 and 24,650 strikes, which added 29.53 lakh and 16.92 lakh contracts, respectively. The maximum Call unwinding was seen at the 24,200 strike, which shed 11.82 lakh contracts, followed by the 24,450 and 24,000 strikes, which shed 9.65 lakh and 8.5 lakh contracts, respectively.

4) Nifty50 Put Option Data:

On the Put side, the 24,000 strike holds the maximum Put open interest (with 1.09 crore contracts), which can act as a key support level for the Nifty in the short term. It was followed by the 24,200 strike (1.07 crore contracts) and the 24,300 strike (59.55 lakh contracts).

The maximum Put writing was placed at the 24,300 strike, which saw an addition of 32.46 lakh contracts, followed by the 24,200 and 24,000 strikes, which added 19.19 lakh and 18.44 lakh contracts, respectively. The maximum Put unwinding was seen at the 24,700 strike, which shed 30,810 contracts, followed by the 24,750 and 24,850 strikes, which shed 2,730 and 910 contracts, respectively.

5) Nifty Bank Call option Data:

According to the monthly options data, the maximum Call open interest was seen at the 58,000 strike, with 21.25 lakh contracts. This can act as a key resistance level for the index in the short term. It was followed by the 57,000 strike (8.03 lakh contracts) and the 57,500 strike (5.01 lakh contracts).

Maximum Call writing was observed at the 57,000 strike (with the addition of 1.37 lakh contracts), followed by the 58,000 strike (74,220 contracts) and 57,500 strike (52,770 contracts). The maximum Call unwinding was seen at the 57,400 strike, which shed 27,930 contracts, followed by the 58,100 and 58,200 strikes, which shed 7,530 and 3,510 contracts, respectively.

6) Nifty Bank Put Option Data:

On the Put side, the 58,000 strike holds the maximum Put open interest (with 13.12 lakh contracts), which can act as a key level for the index in the short term. This was followed by the 57,000 strike (8.47 lakh contracts) and the 57,500 strike (3.66 lakh contracts).

Source:Network18