- On August 3, 2026, Indian benchmark indices ended higher, with the Sensex climbing 544.39 points and Nifty surging 1.60%, after a sharp decline in crude oil prices amid easing geopolitical tensions; foreign fund inflows also added to optimism.
- The BSE Sensex extended its winning run for a fourth day, jumping 544.39 points, or 0.70%, to settle at 78,639.03, after surging as much as 800.46 points, or 1%, to 78,895.10 during the day.
- The NSE Nifty climbed 390.70 points, or 1.60%, to end at 24,774.30.
- Brent crude, the global oil benchmark, tumbled 4.62% to $83.88 per barrel; FIIs bought equities worth ₹277.48 crore on July 31 and, after four months of selling, became net buyers in July, pumping in ₹20,200 crore.
- The new Closing Auction Session (CAS) rules took effect from Monday, with closing prices discovered through an auction mechanism; F&O-linked trading stops at 3:15 p.m., followed by a 20-minute closing auction with official closing prices set within a 3% band around a VWAP-based reference price.
Indian equity markets continued their upward momentum, with the 30-share BSE Sensex climbing 544.39 points, or 0.70%, to settle at 78,639.03, while the 50-share NSE Nifty surged 390.70 points, or 1.60%, ending at 24,774.30.12345
The markets have now gained 1,873.11 points, or 2.44%, in four trading days, with Nifty climbing 788.95 points, or 3.28%.
Vinod Nair, Head of Research at Geojit Investments Ltd, noted, "The decline in crude oil prices, driven by expectations of renewed dialogue between the U.S. and Iran, provided relief to markets by easing concerns over inflation and corporate earnings."
Investor sentiment was further bolstered by a rebound in foreign institutional investor (FII) inflows, with FIIs purchasing equities worth ₹277.48 crore on July 31, following four months of selling.678
Hariselvan Radhakrishnan, Founder & CEO of HST Wealth, stated, "Indian equity markets ended higher, supported by broad-based buying as easing tensions in the West Asia and a sharp decline in global crude oil prices boosted investor sentiment."
Brent crude prices fell 4.62% to $83.88 per barrel, contributing to the positive market outlook.
Additionally, the rollout of new Closing Auction Session (CAS) rules on August 3 aims to enhance market efficiency and execution for large orders.91011
“Brent crude tumbled 4.62% to $83.88 per barrel as FIIs turned net buyers in July after four months of selling, pumping in ₹20,200 crore. New Closing Auction Session rules took effect Monday, with F&O-linked trading stopping at 3:15 p.m. before a 20-minute closing auction.”
