Share Market News

GIFT Nifty:

GIFT Nifty September 2026 futures were down 36 points, indicating a negative opening for the Nifty 50.

SEBI said it will review the methodology for determining settlement prices of derivative contracts on expiry following feedback received after the introduction of the Closing Auction Session (CAS) in the equity cash segment from 3 August 2026. The regulator said the CAS-determined closing price also serves as the basis for settling derivative contracts on expiry. After monitoring the mechanism during its first month and receiving feedback from stock exchanges, brokers, traders, mutual funds, FPIs and other market participants, SEBI said it may propose changes to the settlement-price methodology and plans to issue a consultation paper in about a week.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 2,345.87 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 4,977.46 crore in the Indian equity market on 3 September 2026, according to provisional data.

FPIs sold shares worth Rs 5532.96 crore in September so far, through 2 September 2026. This follows net cash purchases of Rs 17,366 crore in August 2026, while they were net buyers of Rs 6,731.97 crore in July 2026.

Global Markets:

Asian stocks traded mostly higher on Friday, 4 September 2026, following a strong rally on Wall Street as US Treasury yields eased and expectations of a September Federal Reserve rate hike moderated.

Chinese artificial intelligence stocks rose on Friday after OpenAI launched its latest model, GPT-6 Astra, which investors viewed as a positive read-through for the country's AI developers. MiniMax gained 6.5%, Baidu 4.6%, Kuaishou Technology 4.2%, JD.com 4.1% and Xiaomi 3.9%, while Z.AI edged higher. The gains extended a recent rally in Chinese AI stocks as investors assessed the commercial potential of faster advances in large language models and more autonomous AI-agent services.

US equities rallied sharply on Thursday, with the Dow Jones Industrial Average rising 1.18% to 53,686.11, the S&P 500 gaining 1.06% to 7,747.71 and the Nasdaq Composite advancing 1.40% to 26,584.06. Technology stocks led the gains, with Microsoft, Meta Platforms and Nvidia among the major advancers. Snowflake surged 16.6% after its results, lifting the broader software segment.

Market sentiment improved after Federal Reserve Governor Christopher Waller said he would support keeping the federal funds rate unchanged if upcoming data confirms that inflationary pressures are easing. Following his comments, the probability of a September rate hike fell to around 50% from 63.2% on Wednesday, according to CME FedWatch. The US 10-year Treasury yield also retreated for a second consecutive session.

Attention has now shifted to the US nonfarm payrolls report due later on Friday. The data could influence expectations for the Fed's September 15-16 policy meeting.

Oil prices remain a key risk for global markets. Brent crude was around $95.7 a barrel on Friday and is headed for a weekly gain of about 7%, as continued US-Iran tensions raised concerns over disruptions to energy supplies through the Strait of Hormuz.

Domestic Market:

Indian equity benchmarks ended lower for the fourth straight session on 3 September 2026, with the Sensex falling 417.49 points or 0.55% to 76,152.86 and the Nifty 50 declining 41 points or 0.17% to 23,873.45, as selling in IT, auto and other sectors outweighed gains in banking and realty stocks. Elevated Brent crude near $96 a barrel and Middle East tensions kept sentiment cautious, although mid- and small-cap stocks showed resilience, while stronger foreign flows and banking-sector liquidity provided some support. Over the four sessions, the Sensex and Nifty have declined 1.44% and 1.25%, respectively.

GIFT Nifty:

GIFT Nifty September 2026 futures were up 17.50 points, indicating a positive opening for the Nifty 50.

The Foreign Currency Non-Resident Bank (FCNR-B) deposits brought in $127.2 billion, while overseas foreign-currency borrowings contributed $5.26 billion and external commercial borrowings $3.89 billion, according to provisional data from the Reserve Bank of India (RBI). The central bank said the total inflows stood at $136.4 billion by August 31.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 6,688.37 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,812.98 crore in the Indian equity market on 2 September 2026, according to provisional data.

FPIs sold shares worth Rs 4496.01 crore in September so far, through 2 September 2026. This follows net cash purchases of Rs 17,366 crore in August 2026, while they were net buyers of Rs 6,731.97 crore in July 2026.

Global Markets:

Asian stocks rose on Thursday, tracking gains on Wall Street, as easing concerns over a prolonged US-Iran conflict helped lift risk appetite.

Brent crude eased around 0.6% to $95.10 a barrel after rising more than 8% over the previous three sessions, as US President Donald Trump indicated that renewed attacks on Iran were unlikely to continue for long. The easing in oil prices also helped global bond markets stabilise, with US Treasury yields retreating from recent multi-year highs. Investors, however, remain focused on the conflict and its impact on energy supplies.

Wall Street rebounded on Wednesday, with the Dow Jones Industrial Average rising 295.01 points, or 0.56%, to 53,061.89, while the S&P 500 gained 35.16 points, or 0.46%, to 7,666.63. The Nasdaq Composite advanced 118.05 points, or 0.45%, to 26,217.83. The recovery was supported by buying in technology and other recently weak stocks, although oil prices remained elevated amid the ongoing conflict.

The market focus has also shifted to US labour-market data. Private-sector hiring increased at a slower pace in August, while traders are watching Friday's nonfarm payrolls report for confirmation of whether labour-market weakness could influence the Fed's interest-rate decision. Markets are currently pricing roughly a 66% probability of a 25-basis-point rate hike in September.

Domestic Market:

Key equity indices came under broad-based selling pressure on Wednesday as escalating US-Iran tensions drove crude oil prices higher and heightened concerns over inflation, interest rates and economic growth. The Nifty ended below the 23,950 mark, led by auto and IT shares, while oil & gas stocks gained. The broader market also weakened, with midcap and smallcap indices falling over 0.5% each. Brent crude crossed $95 a barrel, while higher global bond yields added to pressure on equities. India's sensitivity to imported crude amplified concerns over inflation and the economic impact of a prolonged disruption in the Middle East.

The S&P BSE Sensex declined 373.90 points or 0.49% to 76,570.35. The Nifty 50 index lost 141.35 points or 0.59% to 23,914.45. In the three consecutive sessions, the Sensex declined 0.90%, while the Nifty fell 1.08%.

GIFT Nifty:

GIFT Nifty September 2026 futures were down 21.50 points, indicating a negative opening for the Nifty 50. Global markets remained weak amid caution over elevated crude oil prices and surging bond yields, which have heightened inflation concerns amid the escalating US-Iran conflict in the Middle East.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 1,143.38 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 1,846.94 crore in the Indian equity market on 1 September 2026, according to provisional data.

FPIs bought shares worth Rs 17366 crore in August 2026. This follows net cash purchases of Rs 6,731.97 crore in July 2026, while they were net sellers of Rs 53,957.90 crore in June 2026.

Global Markets:

Asian market traded sharply lower on Wednesday, tracking overnight losses on Wall Street as renewed US-Iran hostilities pushed crude oil prices higher and heightened concerns over inflation, interest rates and global growth.

Wall Street extended its decline on Tuesday, with the Dow Jones Industrial Average falling 418.97 points, or 0.79%, to 52,766.93. The S&P 500 declined 54.67 points, or 0.71%, to 7,631.47, while the Nasdaq Composite dropped 271.11 points, or 1.03%, to 26,099.77.

The selloff followed a sharp rise in oil prices after renewed military action between the US and Iran raised concerns over supply disruptions through the Strait of Hormuz. Brent crude rose to around $95 a barrel on Wednesday, its highest level in five weeks, after gaining for a second consecutive session.

Higher energy prices have intensified inflation concerns and contributed to a global bond selloff. The US 10-year Treasury yield climbed to around 4.80%, while Japan's 10-year government bond yield approached 3%, adding to pressure on equity valuations.

Markets are also reassessing the Federal Reserve's interest-rate outlook. The probability of a 25-basis-point rate hike at the Fed's 16 September meeting has risen to about 67%, compared with 39.6% a week earlier, following hawkish comments from Fed officials.

US economic data released overnight presented a mixed picture. The ISM Manufacturing PMI eased to 54.6 in August from 55.6 in July, indicating that manufacturing activity continued to expand, but at a slower pace. The New Orders Index declined to 53.7 from 56.7, while the Employment Index fell to 51.2 from 52.8. The Prices Index remained elevated at 71.1, pointing to continued input-cost pressures.

The US labour market remained relatively resilient, with JOLTS job openings rising by 89,000 to 7.271 million in July. However, hiring fell by 278,000 to 5.054 million, while the hires rate declined to 3.2%, suggesting some moderation in labour-market momentum despite continued demand for workers.

US construction spending also weakened, falling 0.5% in July to a seasonally adjusted annual rate of $2.158 trillion. The decline added to signs of softer activity in parts of the US economy.

Investors will now track upcoming US labour-market data, including the nonfarm payrolls report due Friday, for further clues on the Federal Reserve's policy path. The combination of elevated oil prices, persistent price pressures and signs of softer economic activity is likely to keep markets volatile.

Domestic Market:

The key equity indices ended marginally lower on Tuesday, extending their decline for the second consecutive session. Renewed Middle East tensions pushed crude oil and global bond yields higher, keeping investors cautious. The Nifty ended below the 24,100 mark as banking, financial services, auto and pharma stocks came under pressure. However, gains in IT and FMCG stocks helped limit the broader market's losses.

Crude oil remained the key macro concern after renewed US-Iran hostilities raised fears of prolonged supply disruptions through the Strait of Hormuz. The rise in global bond yields added to pressure on equities. The S&P BSE Sensex declined 12.99 points or 0.02% to 76,944.28. The Nifty 50 index lost 24.60 points or 0.01% to 24,055.80.

GIFT Nifty:

GIFT Nifty September 2026 futures were down 1 point, indicating a flat opening for the Nifty 50.

India's economic growth remained resilient in the first quarter of FY27, with real GDP growing 7.8% year-on-year in Q1 FY27 (April-June 2026). The growth exceeded the Reserve Bank of India's 7% projection. However, it moderated from the revised 8.6% growth recorded in Q4 FY26.

India's fiscal deficit stood at Rs 4.55 lakh crore during April-July, accounting for 26.8% of the full-year target of Rs 16.96 lakh crore for FY27. The government has pegged its FY27 fiscal-deficit target at 4.3% of GDP.

Meanwhile, Prime Minister Narendra Modi urged Russian President Vladimir Putin to move towards ending the Ukraine war and called for a cessation of hostilities during their meeting on the sidelines of the Shanghai Cooperation Organisation summit on Monday. Modi said India supports all peace efforts and that continuing the war is a setback for humanity.

The appeal came as Russia warned of planned “massive strikes” on Ukraine's energy infrastructure, raising concerns over a renewed winter offensive. A recent Russian strike on an ammunition warehouse reportedly killed 38 people.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 7,985.88 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 4,588.88 crore in the Indian equity market on 31 August 2026, according to provisional data.

FPIs bought shares worth Rs 17366 crore in August so far, through 31 August 2026. This follows net cash purchases of Rs 6,731.97 crore in July 2026, while they were net sellers of Rs 53,957.90 crore in June 2026.

Global Markets:

Most Asian stocks declined on Tuesday as renewed US-Iran hostilities pushed oil prices higher and revived concerns over inflation and interest rates. Investors were also assessing the prospect of further Federal Reserve rate hikes following hawkish comments from Fed Chair Kevin Warsh.

Wall Street ended lower on Monday, with rising Treasury yields and higher oil prices weighing on risk assets. The S&P 500 fell 0.33%, the Nasdaq Composite declined 0.12% and the Dow Jones Industrial Average dropped 0.70%. The market is also looking ahead to the US nonfarm payrolls report due on Friday, which could provide fresh clues on the Federal Reserve's policy path.

Oil prices climbed above $90 a barrel after the US and Iran resumed military strikes following a period of relative calm. US forces struck Iranian rocket launchers on Larak Island in the Strait of Hormuz, while Iran retaliated with attacks on US military targets in Jordan. The escalation has raised concerns over prolonged supply disruptions through the key oil shipping route.

Brent crude settled at $90.49 a barrel on Monday, up 2.71%, while the US 10-year Treasury yield rose to around 4.75%. Higher oil prices have revived concerns over persistent inflation, potentially strengthening the case for tighter monetary policy.

The renewed conflict has also increased uncertainty over the outlook for the Strait of Hormuz, through which a significant share of global oil shipments normally passes. Shipping activity has fallen sharply amid the hostilities, adding to concerns about further supply disruptions.

Domestic Market:

Key equity benchmarks ended lower on Monday, with the Nifty slipping below 24,100 as renewed US-Iran tensions, higher crude oil prices and weak global cues weighed on sentiment. The selloff was broad-based, although private bank and healthcare stocks provided some support. Media and metal stocks were among the biggest losers. Crude oil remained a key macro risk as renewed US-Iran military tensions raised concerns over potential disruption to supplies through the Strait of Hormuz. The session also marked the implementation of MSCI's latest index changes under the new closing-auction mechanism, resulting in significant stock-specific flows. The S&P BSE Sensex declined 307.24 points or 0.40% to 76,957.27. The Nifty 50 index fell 95.25 points or 0.39% to 24,080.40.

GIFT Nifty:

GIFT Nifty September 2026 futures were down 51 points, indicating a negative opening for the Nifty 50 amid weak global cues.

HDFC Bank will be in focus after managing director and CEO Sashidhar Jagdishan decided not to seek reappointment. He will step down at the close of business on 26 October 2026, when his current term ends. The lender informed the exchanges of his decision on Saturday. The bank's board has also decided to expedite the process of identifying and appointing his successor.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 5,039.80 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 5,183.93 crore in the Indian equity market on 28 August 2026, according to provisional data.

FPIs bought shares worth Rs 18790.32 crore in August so far, through 28 August 2026. This follows net cash purchases of Rs 6,731.97 crore in July 2026, while they were net sellers of Rs 53,957.90 crore in June 2026.

Global Markets:

US stock futures were trading 156 lower on Monday, signalling a weak opening for Wall Street, while most Asian markets declined as investors assessed a more hawkish policy outlook from Federal Reserve Chair Kevin Warsh and renewed US-Iran tensions. Warsh said the Fed would have “work to do” if it was not confident that underlying inflation was returning to its 2% target, prompting markets to raise the probability of a September rate hike to around 57%.

Asian technology stocks came under pressure as higher expected borrowing costs weighed on risk appetite.

Oil prices rose after the US military struck Iranian missile launchers near the Strait of Hormuz. Brent crude climbed to around $89.30 a barrel, raising concerns over a renewed escalation and potential disruption to oil supplies through the key shipping route.

China's manufacturing activity remained in contraction for a second consecutive month in August, although the pace of decline eased. The official manufacturing Purchasing Managers' Index rose to 49.8 from 49.2 in July, remaining below the 50 mark that separates expansion from contraction. The reading was also better than economists' expectations.

US equities ended lower on Friday after Warsh's Jackson Hole speech revived concerns over tighter monetary policy. The S&P 500 fell 0.25% to 7,711.76, the Dow Jones Industrial Average slipped 0.02% to 53,559.99 and the Nasdaq Composite declined 0.52% to 26,402.42.

The combination of higher rate expectations, elevated bond yields and renewed geopolitical tensions has increased pressure on global risk assets. Markets will now turn to upcoming US employment and inflation data for further clues on the Federal Reserve's policy path.

Domestic Market:

Key equity benchmarks rebounded on Friday, snapping a two-session losing streak, as a sharp rally in IT stocks helped offset weakness in select heavyweight banking and consumer-facing stocks. The rally in IT shares was supported partly by stronger global technology sentiment following upbeat Nvidia results. Pharma and metal stocks also gained, while FMCG and consumer durable stocks declined. Investor sentiment remained cautious ahead of Kevin Warsh's speech later today. Warsh is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. The address is being closely watched for clues on the US central bank's monetary policy outlook. Firm crude oil prices also weighed on sentiment.

The S&P BSE Sensex advanced 330.92 points, or 0.43%, to 77,264.51, while the Nifty 50 index gained 84.80 points, or 0.35%, to 24,175.65. Over the previous two sessions, the Sensex and Nifty had declined 0.93% and 1%, respectively.

GIFT Nifty:

GIFT Nifty September 2026 futures were up 38 points, indicating a positive opening for the Nifty 50.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 298.26 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 4,977.17 crore in the Indian equity market on 27 August 2026, according to provisional data.

FPIs bought shares worth Rs 17996.51 crore in August so far, through 27 August 2026. This follows net cash purchases of Rs 6,731.97 crore in July 2026, while they were net sellers of Rs 53,957.90 crore in June 2026.

Global Markets:

US stock futures were trading 102 points higher on Friday, signalling a positive start for Wall Street.

Asian stocks were trading higher on Friday, tracking the overnight gains on Wall Street, supported by strength in technology and IT services stocks.

Meanwhile, inflation in Tokyo, a leading indicator of nationwide price trends, remained close to the Bank of Japan's 2% target in August. Core consumer prices, which exclude volatile fresh food prices, rose 1.8% year-on-year, up slightly from 1.7% in July and broadly in line with expectations. A measure excluding both fresh food and fuel was around 2%, keeping attention on the Bank of Japan's monetary policy outlook.

All three major US indices closed higher on Thursday, led by a sharp rally in technology stocks following Nvidia's results and upbeat revenue outlook. The Dow Jones Industrial Average rose 0.20% to 53,569.00, while the S&P 500 gained 0.72% to 7,730.99 and the Nasdaq Composite advanced 1.57% to 26,541.00. Nvidia surged 8.7% after its strong results and forecast reinforced expectations of sustained demand for AI infrastructure. Salesforce jumped 22.6%, while CrowdStrike gained 20.5%, adding to the technology-led rally.

US initial jobless claims fell by 4,000 to 203,000 in the week ended August 22, compared with economists' expectations of 208,000, signalling continued resilience in the labour market. The data could reinforce the case for the Federal Reserve to remain cautious on rate cuts, particularly as inflation remains above its 2% target.

Separately, the US goods trade deficit widened sharply to $118.8 billion in July from the previous month, the widest gap since March 2025. Exports fell 2.9%, while imports rose 3.7%, with strong imports of capital goods linked to artificial intelligence investment contributing to the increase. The wider trade deficit could weigh on third-quarter economic growth.

Crude oil prices rose on Thursday after the media reported that the Trump administration was not interested in returning to the terms of a June memorandum of understanding with Iran, raising doubts over efforts to ease supply disruptions around the Strait of Hormuz. Brent crude settled 2.1% higher at $89.70 a barrel. Oil prices, however, eased in early Asian trading on Friday.

Attention now shifts to Warsh, who is set to deliver his first major address as Federal Reserve chair at the annual Kansas City Fed economic symposium in Jackson Hole, Wyoming. Investors will closely parse his comments for clues on the Fed's approach to inflation and interest rates, particularly as inflation remains above the central bank's 2% target and longer-term Treasury yields remain elevated.

Domestic Market:

Key benchmark indices extended their losses for the second consecutive session on Thursday, with the Nifty closing below the crucial 24,100 mark as selling in heavyweight stocks dragged the benchmarks lower. Domestic sentiment was weighed down by profit booking, monthly Sensex expiry and concerns around elevated US inflation and geopolitical tensions. Oil prices eased on hopes of progress in talks that could reduce supply disruptions around the Strait of Hormuz, offering some relief, while foreign and domestic institutional investors remained net buyers on August 26. Sectorally, gains in consumer durables and pharma were offset by losses in metals and PSU banks.

The S&P BSE Sensex declined 539.35 points or 0.70% to 76,933.59. The Nifty 50 index lost 116.90 points or 0.48% to 24,090.85. In two sessions, the Sensex and Nifty are down 0.93% and 1%, respectively.

GIFT Nifty:

GIFT Nifty September 2026 futures were up 5.50 points, indicating a mildly positive opening for the Nifty 50.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 502.63 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 6,425.16 crore in the Indian equity market on 26 August 2026, according to provisional data.

FPIs bought shares worth Rs 15491.48 crore in August so far, through 26 August 2026. This follows net cash purchases of Rs 6,731.97 crore in July 2026, while they were net sellers of Rs 53,957.90 crore in June 2026.

Global Markets:

US stock futures traded 178 points higher on Thursday, signalling a positive start for Wall Street.

Asian stocks advanced for a third straight session, with technology shares leading gains following Nvidia's results.

The Bank of Korea raised its benchmark interest rate by 25 basis points to 3.00% on Thursday. It was the second consecutive hike as the central bank sought to contain persistent inflation and address financial stability risks. The BOK also raised its 2026 growth forecast to 3.3% from 2.6%.

China’s industrial profits growth in July slowed to its weakest pace this year, expanding 11.2% from a year earlier, according to National Bureau of Statistics data on Thursday. For the first seven months of this year, profits climbed 17.6% from a year earlier, losing momentum following the 18.7% rate in the first half-year.

Wall Street ended slightly lower on Wednesday. The Dow Jones Industrial Average declined 0.21%, the S&P 500 eased 0.02% and the Nasdaq Composite slipped 0.08%. Investors weighed higher-than-expected headline inflation against Nvidia's earnings, released after the market close.

US inflation remained elevated in July. The Personal Consumption Expenditures price index rose 3.7% year-on-year, unchanged from June and above the 3.6% market expectation. On a monthly basis, the index increased 0.2%. Core PCE inflation, which excludes food and energy, rose 3.3% year-on-year and 0.2% month-on-month.

Nvidia reported quarterly revenue of $96.22 billion, more than double the year-ago figure. Adjusted earnings stood at $2.22 per share, also ahead of market expectations. Data centre revenue reached $89 billion, more than doubling from a year earlier.

The company forecast third-quarter revenue of $108 billion, plus or minus 2%. The outlook was above the average Wall Street estimate of around $104.2 billion. Nvidia also projected around 70% revenue growth for the fiscal year ending January 2028, reinforcing expectations of sustained demand for AI infrastructure.

Nvidia shares jumped around 4.7% in extended trading following the results. The strong outlook is expected to provide a fresh boost to semiconductor and technology stocks across global markets.

Domestic Market:

Domestic equity indices ended lower on Wednesday as investors booked profits at higher levels and remained cautious ahead of the US July Personal Consumption Expenditures inflation data, the Federal Reserve's preferred inflation gauge. The data is expected to provide fresh clues on the outlook for US interest rates.

IT stocks led sectoral declines ahead of Nvidia's results, which are being closely watched for signals on AI-related spending and the sustainability of the technology-led market rally. Reliance Industries declined 1.44%, adding to pressure on the benchmarks. In contrast, financial stocks and private banks gained, while cement and metal stocks also advanced.

Lower crude oil prices provided some support to sentiment. Brent crude fell below $86 a barrel amid signs of progress towards improving shipping safety through the Strait of Hormuz.

The Nifty 50 fell 126.80 points, or 0.52%, to 24,207.75, while the S&P BSE Sensex declined 183.15 points, or 0.24%, to 77,472.94. The Nifty touched an intraday high of 24,378.60 before settling below the 24,250 mark.

GIFT Nifty:

GIFT Nifty September 2026 futures were up 40.50 points, indicating a positive opening for the Nifty 50. Sentiment is supported by a decline in crude oil prices.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 1,593.53 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 230.26 crore in the Indian equity market on 25 August 2026, according to provisional data.

FPIs bought shares worth Rs 15491.48 crore in August so far, through 25 August 2026. This follows net cash purchases of Rs 6,731.97 crore in July 2026, while they were net sellers of Rs 53,957.90 crore in June 2026.

Global Markets:

Asian stocks traded mixed on Wednesday as investors remained cautious ahead of Nvidia's earnings and key US inflation data. Falling crude oil prices and lower US Treasury yields provided some support to risk assets.

Investors remained focused on Nvidia's results, due after the US market close on Wednesday. The earnings are expected to provide fresh clues on the strength of the artificial intelligence investment cycle and the sustainability of elevated technology valuations.

Falling crude oil prices and lower US Treasury yields provided some support to risk assets. Brent crude fell to $86 a barrel mark as Iran and Oman discussed an interim framework aimed at resuming shipping through the Strait of Hormuz. Lower oil prices helped push the US 10-year Treasury yield down to around 4.63%.

Sentiment was also affected by weaker-than-expected US consumer confidence. The Conference Board's Consumer Confidence Index fell to 89.4 in August from a revised 90.2 in July, marking its lowest level in seven months. The decline was driven mainly by a sharp fall in the expectations index, reflecting increased concerns over business conditions and the labour market.

Trade tensions between the US and Canada also intensified. Canada announced targeted counter-tariffs on US goods, matching the corresponding US tariff rates on affected products. The measures, covering about $27.6 billion of US imports, will take effect on 8 September and include tariffs of 15%, 25% and 50%.

Wall Street ended higher on Tuesday. The Nasdaq Composite rose 0.66%, the S&P 500 gained 0.32% and the Dow Jones Industrial Average advanced 0.30%. Technology and semiconductor stocks rebounded ahead of Nvidia's results, with Nvidia rising 2.19% and AMD gaining 4.91%.

Investors are also awaiting the US July Personal Consumption Expenditures price index, due later on Wednesday. The data is closely watched by the Federal Reserve and could influence expectations for the interest-rate outlook.

Meanwhile, Federal Reserve Chair Kevin Warsh is scheduled to speak at the Jackson Hole Economic Policy Symposium on Friday, 28 August. His remarks will be closely watched for signals on the Fed's policy path.

Domestic Market:

Domestic equity indices ended higher on Tuesday after a volatile session, recovering from early losses as investors picked up beaten-down stocks. Easing crude oil prices also provided some relief to market sentiment amid ongoing geopolitical tensions. Investors assessed the latest US sanctions on Iran while easing concerns over an immediate disruption to oil supplies. The S&P BSE Sensex rose 286.98 points, or 0.37%, to 77,656.09, while the Nifty 50 advanced 115.50 points, or 0.48%, to 24,334.55.

GIFT Nifty:

GIFT Nifty September 2026 futures were up 10 points, indicating a mildly positive opening for the Nifty 50. However, trading is likely to remain subdued amid mixed global cues and a lack of major domestic triggers. Investors will remain cautious amid heightened geopolitical tensions and fresh US sanctions on Iran, while elevated oil prices continue to pose a risk to market sentiment. Sector-specific and stock-specific developments are likely to drive individual counters.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 1,181.66 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,493.41 crore in the Indian equity market on 24 August 2026, according to provisional data.

FPIs bought shares worth Rs 13926.01 crore in August so far, through 24 August 2026. This follows net cash purchases of Rs 6,731.97 crore in July 2026, while they were net sellers of Rs 53,957.90 crore in June 2026.

Global Markets:

Asian shares traded lower on Tuesday, tracking a mixed close on Wall Street as investors turned cautious ahead of a data-heavy week featuring Nvidia's earnings, US inflation data and Federal Reserve Chair Kevin Warsh's first Jackson Hole speech.

Wall Street ended mixed on Monday, with technology and semiconductor stocks under pressure as investors assessed fresh US economic measures against Iran. The Dow Jones Industrial Average rose 0.26%, while the S&P 500 fell 0.28% and the Nasdaq Composite declined 0.76%. Nvidia dropped 2.9%, while Micron Technology and Broadcom also fell, weighing on the technology-heavy indexes.

Investor focus also remained on Washington's escalating pressure on Tehran. US Treasury Secretary Scott Bessent outlined a tougher sanctions campaign against Iran, warning of further measures against countries and entities that continue to facilitate trade with Tehran and describing the next phase as an "economic D-Day." The latest measures are aimed at intensifying pressure on Iran's remaining economic channels, while markets are also monitoring the potential impact on oil supplies and the Strait of Hormuz.

Oil prices extended their decline on Tuesday after falling sharply in the previous session, offering some relief to bond markets. Brent crude had settled at around $92.17 a barrel on Monday, down 2.4%, as investors assessed the impact of the latest US sanctions and their potential implications for the US-Iran conflict.

US Treasury yields also eased, with the 10-year yield around 4.70% after ending the previous session near that level. The decline came after oil prices fell and investors continued to assess the outlook for inflation, government borrowing and Federal Reserve policy.

The immediate focus is likely to remain on Nvidia, which is scheduled to report its second-quarter fiscal 2027 results after the US market close on Wednesday, 26 August.

Investors will also track the US July Personal Consumption Expenditures price index, the Federal Reserve's preferred inflation gauge, due on Wednesday. The data could influence expectations for the Fed's upcoming policy decisions.

Meanwhile, the Jackson Hole Economic Policy Symposium is scheduled for 27-29 August, with Fed Chair Kevin Warsh set to deliver his first major speech at the event on Friday, 28 August. His remarks will be closely watched for clues on the outlook for interest rates amid persistent inflation concerns and elevated Treasury yields.

Domestic Market:

Key benchmark indices ended lower on Monday, with the Nifty slipping 0.14% to 24,219.05, as investors turned cautious ahead of details of new US sanctions on Iran. The market reversed early gains as geopolitical uncertainty and elevated crude prices weighed on sentiment, although buying in IT and metals stocks helped the Nifty recover from its intraday low of 24,144.30 and close above 24,200. Major sectors declined, with financials among the key drags. In the broader market, midcaps edged higher and smallcaps fell. Brent crude remained elevated near $93 a barrel as markets assessed the potential impact of tougher US sanctions and Iran's threat to disrupt Gulf oil exports.

The S&P BSE Sensex declined 171.72 points or 0.22% to 77,369.11. The Nifty 50 index fell 32.95 points or 0.14% to 24,219.05. In the previous two sessions, the Sensex gained 0.82%, while the Nifty advanced 0.72%.

GIFT Nifty:

GIFT Nifty September 2026 futures were up 75 points, indicating a positive start for the Nifty 50.

The prospect of an imminent India-US trade deal supported sentiment, after US Ambassador to India Sergio Gor said the deal is "almost" finalised in principle, with only legal and technical details left to be resolved.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 542.71 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,124.14 crore in the Indian equity market on 21 August 2026, according to provisional data.

FPIs bought shares worth Rs 14117.65 crore in August so far, through 21 August 2026. This follows net cash purchases of Rs 6,731.97 crore in July 2026, while they were net sellers of Rs 53,957.90 crore in June 2026.

Global Markets:

Asian stocks were largely subdued on Monday, as rising government bond yields around the world continued to weigh on risk appetite. Bond yields in Japan, France and Germany have climbed to multiyear highs, while U.S. long-term yields have also remained elevated.

Investors remained concerned that the U.S.-Iran conflict could drag on, keeping oil prices elevated and adding to inflationary pressures. President Donald Trump has threatened to impose penalties on countries that continue to trade with Iran, while Treasury Secretary Scott Bessent has warned of secondary sanctions. Iran has rejected the threats, and Washington is expected to announce additional sanctions on Monday.

Treasury Secretary Scott Bessent's decision to at least double the size of planned buybacks of longer-dated government debt to $4 billion per operation from $2 billion initially offered relief to the bond market. However, the gains quickly faded, with Treasury yields rebounding as investors remained concerned about inflation, government borrowing and the broader fiscal outlook.

U.S. stocks found firmer footing on Friday after data showed continued economic resilience and a sharp acceleration in services-sector activity. The Dow Jones Industrial Average rose 0.98%, while the S&P 500 gained 0.43% and the Nasdaq Composite advanced 0.44%.

S&P Global's flash PMI showed U.S. services activity accelerated sharply in August, with the Services PMI rising to 56.8 from 54.6 in July.

In individual stocks, Ross Stores rose 4.4% after the discount retailer raised its full-year earnings guidance following better-than-expected quarterly results.

In the week ahead, investors will focus on quarterly results from AI chipmaker Nvidia, along with earnings from software companies including Intuit, Salesforce and CrowdStrike. Markets will also be watching whether Nvidia's results and outlook can sustain investor enthusiasm around artificial intelligence.

The U.S. economic calendar includes the July Personal Consumption Expenditures price index, the Federal Reserve's preferred inflation gauge, due on Wednesday, 26 August.

Markets will also turn to the Federal Reserve's Jackson Hole symposium from 27-29 August, where Fed Chair Kevin Warsh is scheduled to speak on Friday. Investors will look for clues on the outlook for interest rates, particularly after stronger-than-expected August services activity reinforced concerns about inflationary pressures.

Domestic Market:

The domestic equity benchmarks ended almost flat on Friday as persistent geopolitical tensions surrounding Iran and elevated crude oil prices kept investors cautious. Brent crude hovered around $94 a barrel, while rising bond yields in developed markets continued to weigh on risk appetite and the appeal of emerging-market equities. Selective buying in heavyweight stocks helped limit the downside, with the Nifty settling above 24,250, supported by gains in metals and private bank shares. FMCG and auto stocks, however, remained under pressure. Technically, the Nifty is likely to find support in the 24,100-24,000 zone, while the 24,300-24,400 region remains the immediate resistance band.

The S&P BSE Sensex ended flat at 77,540.83, up 3.11 points or 0.00%. The Nifty 50 index rose 20.15 points or 0.08% to 24,252.

GIFT Nifty:

GIFT Nifty August 2026 futures were up 34 points, indicating a mildly positive start for the Nifty 50.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 583.36 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,537.71 crore in the Indian equity market on 20 August 2026, according to provisional data.

FPIs bought shares worth Rs 14399.76 crore in August so far, through 20 August 2026. This follows net cash purchases of Rs 6,731.97 crore in July 2026, while they were net sellers of Rs 53,957.90 crore in June 2026.

Global Markets:

Asian stocks were trading mostly higher on Friday, despite a sharp overnight selloff on Wall Street. However, sentiment remained cautious as Brent crude climbed above $93 a barrel amid unresolved US-Iran tensions, keeping inflation concerns elevated.

In Japan, core consumer inflation accelerated to 1.8% year-on-year in July from 1.6% in June, marking the fastest pace since January. Underlying inflation, excluding fresh food and energy, rose 1.9%, while headline inflation also increased 1.9%. The firmer inflation data strengthened expectations that the Bank of Japan could raise interest rates as soon as its September meeting.

Wall Street fell sharply on Thursday, with the Dow Jones Industrial Average declining 1.32%, the S&P 500 falling 0.87% and the Nasdaq Composite losing 1%, as Treasury yields resumed their climb. The 10-year US Treasury yield rose to around 4.70%, while the 30-year yield touched 5.25%.

Walmart shares plunged 9.2% after its US comparable sales growth slowed to 2.6% in the second quarter, below market expectations, with higher fuel prices weighing on consumer spending.

Investors will now turn their attention to the Federal Reserve's policy outlook and the upcoming Jackson Hole Economic Policy Symposium from 27-29 August.

Domestic Market:

Key equity benchmarks staged a strong rebound on Thursday, with the Nifty snapping a seven-session losing streak and reclaiming the 24,200 level, while the Sensex jumped over 600 points. The recovery was supported by easing US Treasury yields after the US Treasury announced plans to double its buybacks of longer-duration government debt, helping steady global bond markets and improve risk appetite. Buying was broad-based, led by IT, financials, realty and media stocks, while the broader market also ended higher. The rupee snapped its three-day losing streak and closed at 95.71 per dollar. Technically, the Nifty faces an immediate hurdle at 24,290-24,320, while 24,130-24,100 remains a crucial support zone.

The S&P BSE Sensex surged 628.04 points or 0.82% to 77,537.72. The Nifty 50 index gained 153.55 points or 0.64% to 24,231.85. Over the past four consecutive trading sessions, the Sensex declined 1.49%, while the Nifty fell 2.05% over the past seven consecutive trading sessions.

GIFT Nifty:

GIFT Nifty August 2026 futures were up 35.50 points, indicating a mildly positive start for the Nifty 50.

Economy:

India's infrastructure output grew 5% year-on-year in June 2026, accelerating from a revised 3.2% increase in May and marking the fastest growth since January. Growth was led by iron ore output, which rose 43.9%, while cement, steel and electricity production also increased. Refinery product output, however, declined 4.7% amid supply disruptions in Persian Gulf energy exports. The data are based on a revised series with 2022-23 as the base year, which expands the core infrastructure basket to nine industries from eight with the inclusion of iron ore.

India-Singapore Ministerial Roundtable to be held today:

The 4th India-Singapore Ministerial Roundtable will be held in Singapore on 20 August 2026, with Finance Minister Nirmala Sitharaman, External Affairs Minister S. Jaishankar, Commerce and Industry Minister Piyush Goyal and Minister of State Jitin Prasada representing India. The meeting will review ongoing initiatives and explore ways to deepen cooperation in advanced manufacturing, connectivity, digitalisation, healthcare, skills development and sustainability under the India-Singapore Comprehensive Strategic Partnership roadmap. A business roundtable involving key business leaders will also be held alongside the ministerial meeting.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 407.99 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,973.72 crore in the Indian equity market on 19 August 2026, according to provisional data.

FPIs bought shares worth Rs 13921.14 crore in August so far, through 19 August 2026. This follows net cash purchases of Rs 6,731.97 crore in July 2026, while they were net sellers of Rs 53,957.90 crore in June 2026.

Global Markets:

Most Asian stock indices traded higher on Thursday, tracking a rebound on Wall Street as a retreat in US Treasury yields improved risk appetite. The recovery followed the US Treasury's announcement that it would double the size of its buyback operations for longer-dated government debt, helping ease pressure in the bond market after 30-year Treasury yields hit their highest level since 2007 earlier in the week.

Global crude prices, however, remained elevated near $92 a barrel as hopes for a near-term resolution to the US-Iran conflict faded. Stalled talks and uncertainty over crude flows through the Strait of Hormuz continued to fuel concerns that higher energy costs could keep inflation elevated.

On Wall Street, the S&P 500 ended a three-session losing streak on Wednesday, while the Dow Jones Industrial Average and Nasdaq Composite also gained around 0.2%. The rebound was supported by the decline in longer-dated Treasury yields following the US Treasury's liquidity-support measures.

Investors also digested a hawkish set of minutes from the Federal Reserve's July meeting. The minutes showed that three policymakers had favoured a 25-basis-point rate hike, while several officials said further tightening could be required if inflation remains above the Fed's 2% target. The Fed kept its benchmark rate at 3.50%-3.75% at the 28-29 July meeting.

Investors will now watch US weekly jobless claims for fresh clues on the labour market and the outlook for monetary policy.

Domestic Market:

Key benchmark indices extended their losing streak on Wednesday as elevated crude oil prices, higher global bond yields and persistent geopolitical uncertainty kept investors cautious. The Nifty settled below the 24,100 level. The broader market remained under pressure, with both midcap and smallcap indices ending lower. Most sectoral indices closed in the red, led by weakness in defence and energy stocks, while IT shares bucked the trend and gained amid bargain hunting. Brent crude remained elevated near $92 a barrel as uncertainty over the US-Iran conflict and the Strait of Hormuz kept supply concerns in focus.

The S&P BSE Sensex dropped 325.78 points or 0.42% to 76,909.68. The Nifty 50 index lost 76.60 points or 0.32% to 24,078.30. The Sensex declined 1.49% in four consecutive trading sessions, while the Nifty fell 2.05% in seven consecutive trading sessions.

GIFT Nifty:

GIFT Nifty August 2026 futures were up 30.50 points, indicating a mildly positive start for the Nifty 50, with bargain buying after six consecutive sessions of losses. However, weak Asian markets, elevated US bond yields, higher crude prices and persistent Middle East tensions could limit gains.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 1,651.53 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,579.31 crore in the Indian equity market on 18 August 2026, according to provisional data.

FPIs bought shares worth Rs 11347.65 crore in August so far, through 18 August 2026. This follows net cash purchases of Rs 6,731.97 crore in July 2026, while they were net sellers of Rs 53,957.90 crore in June 2026.

Global Markets:

Asian indices traded lower on Wednesday after a sharp selloff in US technology and semiconductor stocks, while elevated Treasury yields and rising oil prices added to pressure on risk assets. Investors scaled back exposure to richly valued growth stocks as higher borrowing costs, inflation concerns and geopolitical tensions clouded the outlook.

South Korea's KOSPI fell more than 5%, with semiconductor heavyweights SK Hynix and Samsung Electronics tumbling sharply. The sharp decline triggered a temporary halt on program selling, known as a "sidecar", designed to provide a brief pause when markets experience sharp moves.

Rising bond yields added to the pressure. The US 30-year Treasury yield climbed to around 5.3%, its highest level since 2007, while the 10-year yield approached 4.72%. Higher long-term yields increase the discount rate applied to future corporate earnings, putting pressure on richly valued growth and technology stocks.

The semiconductor selloff also reflected growing caution over valuations across the AI trade and the scale of investment in AI infrastructure. The Philadelphia Semiconductor Index fell 5% on Tuesday, with Nvidia, Micron Technology and other chip-related stocks among the major decliners.

Higher oil prices added to inflation concerns. Brent crude was trading around $91-$92 a barrel on Wednesday as uncertainty over crude exports through the Strait of Hormuz persisted amid escalating tensions between the US and Iran.

Investors will also focus on minutes from the US Federal Reserve's July meeting, due on Wednesday, for clues on policymakers' thinking. The release comes as Fed Chair Kevin Warsh has adopted a more limited communication approach.

US stocks ended lower on Tuesday, led by losses in semiconductor and technology shares as rising Treasury yields and Middle East tensions weighed on sentiment.

The Dow Jones Industrial Average declined 116.38 points, or 0.22%, to 53,343.40, while the S&P 500 dropped 53.30 points, or 0.69%, to 7,691.76. The Nasdaq Composite fell 355.20 points, or 1.33%, to 26,289.71.

Domestic Market:

Key benchmark indices extended their losses on Tuesday, with the Nifty falling for the sixth consecutive session, while the Sensex declined for the third straight day. Sentiment was weighed down by Brent crude rising above $91 a barrel amid renewed US-Iran tensions. Weak global cues, continued FII selling, higher US bond yields and a weaker rupee further weighed on sentiment. The Nifty remained under pressure amid volatility ahead of the weekly Nifty 50 derivatives expiry and settled below the 24,200 level. IT stocks witnessed selling, while pharma, auto and oil & gas were the only major sectors to gain.

The S&P BSE Sensex dropped 492.70 points or 0.63% to 77,235.46. The Nifty 50 index lost 132.75 points or 0.55% to 24,154.90. The Sensex declined 1.08% over three consecutive trading sessions, while the Nifty fell 1.74% over six consecutive trading sessions.

GIFT Nifty:

GIFT Nifty August 2026 futures were down 2.50 points, suggesting a flat start for the Nifty 50 today.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 2,535.10 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 5,101.46 crore in the Indian equity market on 17 August 2026, according to provisional data.

FPIs bought shares worth Rs 12028.69 crore in August so far, through 17 August 2026. This follows net cash purchases of Rs 6,731.97 crore in July 2026, while they were net sellers of Rs 53,957.90 crore in June 2026.

Global Markets:

Most Asian stocks traded lower on Tuesday as renewed uncertainty over the US-Iran ceasefire pushed oil prices above $91 a barrel and heightened inflation concerns. US President Donald Trump ruled out extending the 60-day agreement with Iran and threatened military action against Oman, while negotiations between Washington and Tehran remained stalled. Higher oil prices also pushed longer-dated US Treasury yields higher.

China's economy lost momentum in July, with consumer spending, investment and industrial activity weakening. Retail sales grew 0.6% year-on-year, slowing from 1% growth in June. Urban fixed-asset investment fell 6.7% in the first seven months of the year, compared with a 5.7% decline in the first half, while industrial output growth slowed to 4.5% from 5.3% in June. The urban unemployment rate rose to 5.2% from 5% in June.

US stocks ended lower overnight as renewed tensions between Washington and Tehran lifted oil prices and revived inflation concerns. The Dow Jones Industrial Average fell 0.51%, the S&P 500 declined 0.52% and the Nasdaq Composite shed 0.32%. Investors will now focus on the minutes of the Federal Reserve's July meeting, due Wednesday, for clues on the interest-rate outlook. The Fed had kept its benchmark rate unchanged at 3.50%-3.75% at its 28-29 July meeting, although three policymakers dissented in favour of a rate hike.

Domestic Market:

Key benchmark indices started the week on a weak note on Monday, with the Nifty slipping below 24,300 as elevated crude oil prices weighed on sentiment. Brent crude hovered around $89 a barrel amid the lack of progress in ending the Iran conflict. IT, FMCG and consumer durables shares were under pressure while metal shares climbed. The S&P BSE Sensex lost 281.09 points or 0.36% to 77,728.16. The Nifty 50 index declined 78.35 points or 0.32% to 24,287.65.

GIFT Nifty:

GIFT Nifty August 2026 futures were down 21 points, suggesting a negative start for the Nifty 50 today.

RBI to close FCNR(B) forex swap facility window on 31 August:

The Reserve Bank of India (RBI) will close the window for mobilising foreign currency non-resident (bank) or FCNR(B) deposits under its special USD-INR forex swap facility on 31 August 2026, following strong forex inflows. As of 13 August, total inflows under the facility stood at $56.85 billion, including $52.30 billion through FCNR(B) deposits, $2.81 billion through OFCBs and $1.74 billion through ECBs. Swaps against eligible FCNR(B) deposits can be availed with the RBI until 11 September 2026, while the facility for ECBs and OFCBs will remain open until 31 December 2026.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth Rs 508.12 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 356.40 crore in the Indian equity market on 14 August 2026, according to provisional data.

FPIs bought shares worth Rs 11,198.70 crore in August so far, through 14 August 2026. This follows net cash purchases of Rs 6,731.97 crore in July 2026, while they were net sellers of Rs 53,957.90 crore in June 2026.

Global Markets:

Most Asian markets traded higher on Monday, although gains were tempered by renewed concerns over the Middle East conflict and elevated crude oil prices. Brent crude hovered around $89 a barrel as progress towards a US-Iran peace deal remained stalled and tanker traffic through the Strait of Hormuz stayed disrupted, keeping supply risks and inflation concerns in focus.

Japan's economy grew at an annualised 1.1% in the April-June quarter, slowing from the previous quarter and falling short of market expectations of 2%. GDP rose 0.3% quarter-on-quarter, also below the 0.5% expected by economists.

On Wall Street, US stocks ended lower on Friday after weaker-than-expected retail sales data raised concerns about consumer spending. The S&P 500 fell 0.17% to 7,785.76, the Nasdaq Composite declined 0.28% to 26,729.16 and the Dow Jones Industrial Average shed 0.20% to 53,732.41. Despite the decline, the S&P 500 posted its third consecutive weekly gain.

US inflation data released last week showed consumer prices rose 0.1% in July, while producer prices were unchanged. The softer inflation readings have reduced expectations of a near-term Federal Reserve rate hike, although investors remain focused on persistent inflation risks from higher energy prices. The minutes of the Fed's July meeting, due on Wednesday, will be closely watched for clues on the central bank's policy outlook.

Domestic Market:

Key benchmark indices pared sharp early losses on Friday as buying at lower levels helped limit the decline. The Nifty settled at 24,366 after recovering from the day's low of 24,296.80. The recovery was supported by positive global cues and a marginal strengthening of the rupee against the US dollar. A decline in India VIX also indicated easing near-term volatility and supported buying sentiment. Consumer durables stocks were in demand, while pharma, metal and cement stocks declined. The S&P BSE Sensex shed 70.71 points or 0.09% to 78,009.25. The Nifty 50 index fell 29.85 points or 0.12% to 24,366.