The earnings outlook for Q2FY26 looks relatively better, driven by margin tailwinds from stable input costs and volume pick-up in urban discretionary and capital-intensive sectors, said Sonam Srivastava of Wright Research PMS.
Stocks to Watch, 5 August: Stocks like One 97 Communications Paytm, Aurobindo Pharma, Aditya Infotech, Laxmi India Finance, DLF, Siemens Energy, Inox India, Godfrey Phillips, and Azad Engineering will be in focus on August 5.
Gold rate today: Yellow metal's October contracts on the MCX opened at Rs 99,999 per 10 grams today.
As the Nifty index hovers around its medium-term support zone of 24450 to 24500, combined with the extremely low FII long position, the market may be on the verge of forming a significant medium-term bottom
While immediate easing is uncertain, India’s strategic posture, emphasizing national interest, the UK FTA, and broader global engagement, could strengthen its negotiating position and open the door to phased tariff relief, said JM Financial’s Ashish Chaturmohta
Oil prices slipped in early Asian trade on Monday after OPEC+ agreed to another large production hike in September.
Stocks to Watch, 4 August: Stocks like ABB India, Dilip Buildcon, ITC, Railtel Corporation of India, Hero MotoCorp, Delhivery, MCX, Muthoot Capital Services, Harsha Engineers, Tata Power, and Federal Bank will be in focus on August 4.
In the week starting August 4, the market is expected to consolidate further with focus on RBI monetary policy decision, Trump tariff updates if any, developments related to India-US trade deal, corporate earnings, and services PMI data along with FII mood.
The Foreign Institutional Investors (FIIs) extended their selling in fifth consecutive week, as they sold equities worth Rs 20,524.42 crore, however, Domestic Institutional Investors (DII) continued their buying in 15th week, as they bought equities worth Rs 24,300.05 crore.
With a relatively light economic calendar next week, investors will turn their attention to upcoming speeches from several Federal Reserve officials for any shift in future policy outlook especially after Friday’s weak jobs data shook confidence in the Fed’s “solid” labour market narrative.
Post the meeting between the Indian and US delegations later this month, the tariffs may be paused or reduced temporarily, said Puneet Sharma of Whitespace Alpha.
Bank Nifty has now moved below several important moving averages, and recent chart patterns look a bit bearish, but the buy on dips should be the outlook for August, said Rahul Ghose.
Earnings upgrades across various industries and market cap companies would become the next major trigger for the markets, said Quest Investment’s Aniruddha Sarkar.
The 24,400–24,350 zone is expected to act as an immediate support for Nifty. A sustained break below this could further accelerate the downside. On the flip side, the 50-day EMA zone of 24,900–24,950 now stands as a crucial hurdle, and any meaningful recovery would need to clear this zone with conviction, said Sudeep Shah of SBI Securities.
Gold rate today: Yellow metal's October contracts on MCX opened at Rs 98,702 per 10 grams today.
The Foreign institutional investors (FIIs) extended their selling on 9th consecutive session on July 31 as they sold equities worth Rs 5588 crore. On the other hand, Domestic institutional investors (DIIs) extended their buying on 19th day as they purchased equities worth Rs 6372 crore on the same day.
Divam Sharma of Green Portfolio is now closely watching the IT companies pack and believes there would be leaders emerging with the adoption of AI.
Stocks to Watch Today, 1 August: Stocks like Coal India, Shanti Gold International, Swiggy, PB Fintech, Chalet Hotels, RR Kabel, JSW Energy, Aarti Industries, ITC, Eicher Motors, and Gujarat Gas will be in focus on August 1.
The rupee could risk a fall below its all-time low of 87.95 if there are no positive developments around U.S.-India trade negotiations, traders said.
After the 25 percent US tariff, in aggregate, LGT’s Stefan Hofer doesn’t expect material downside to India’s economic growth, albeit some sectors may be more impacted than others.
Gold rate today: Yellow metal's August contracts on MCX opened at Rs 98,106 per 10 grams today.
FIIs continued their selling on 8th consecutive session on July 30 as they sold equities worth Rs 850 crore, while DIIs extended their buying on 18th day as they bought equities worth Rs 1,829 crore on the same day
Going ahead, investors might start to stabilize or recover moderately as they adjust to the new situation and look for progress in trade talks, said Waterfield's Vipul Bhowar.
US imposes 25 per cent tariffs and penalties on India, rattling economic ties and the rupee’s fragile stability
Stocks to Watch, 31 July: Stocks like Tata Steel, Aurobindo Pharma, Gujarat Gas, Navin Fluorine International, Hitachi Energy, Sagility India, InterGlobe Aviation, Mahindra and Mahindra, Brigade Hotel Ventures, and Jio Financial Services will be in focus on July 31.