Morning Brief: Nifty Rises 1.60% to 24,774; FIIs Net Buy ₹922 Cr as Geopolitical Tensions Ease | 04 Aug 2026, 08:15 AM IST
By ThePip Desk
Indian equities surged on Monday, with the Nifty 50 climbing 1.60% to 24,774.30, driven by easing global tensions and robust institutional buying. FIIs injected ₹922 crore into the market.
Indian equity benchmarks closed significantly higher on Monday, extending their winning streak for a fourth consecutive session. The market rally was primarily fueled by reports of easing geopolitical tensions in West Asia, which led to a sharp decline in oil prices and renewed optimism among investors. Domestic and foreign institutional inflows further bolstered market sentiment, with the Nifty 50 seeing a notable spike in the closing auction session.
Market Snapshot
| Index | Last |
|---|---|
| Nifty 50 | 24,774.30 (+1.60%) |
| Nifty Bank | 58,247.95 (+1.72%) |
| NIFTY Midcap 100 | 63,679.30 (+1.21%) |
Institutional Flows
Foreign Institutional Investors (FIIs) were net buyers on Monday, injecting ₹922.26 crore into Indian equities. Domestic Institutional Investors (DIIs) also showed strong buying interest, with net inflows of ₹1,571.18 crore. This combined institutional support underscores a positive outlook for your portfolio.
| Date | FII Net (Cr) | DII Net (Cr) |
|---|---|---|
| 2026-08-03 | 922.26 | 1,571.18 |
| 2026-07-31 | 277.48 | 2,260.37 |
| 2026-07-30 | 3,623.51 | -1,864.03 |
| 2026-07-29 | 2,981.87 | 998.02 |
| 2026-07-28 | 755.33 | 1,664.16 |
Looking at SEBI’s FII/FPI data, equity inflows remained robust on August 3rd, with a net investment of ₹1,351.02 crore. Debt markets also saw positive inflows of ₹937.73 crore on the same day, indicating broad-based foreign investor confidence.
| Date | Equity Net (Cr) | Debt Net (Cr) |
|---|---|---|
| 2026-08-03 | 1,351.02 | 937.73 |
| 2026-07-31 | 4,787.78 | -5,427.04 |
| 2026-07-30 | 5,799.19 | -240.29 |
Sector Performance
The IT sector led the gains, followed by FMCG and Auto, reflecting broad-based buying across key industries.
| Sector | Last |
|---|---|
| Nifty IT | 31,715.25 (+3.28%) |
| Nifty FMCG | 49,965.60 (+1.72%) |
| Nifty Auto | 29,168.95 (+1.48%) |
| Nifty Financial Services | 26,984.45 (+1.47%) |
| Nifty PSU Bank | 8,486.70 (+1.43%) |
| Nifty Realty | 913.05 (+1.29%) |
| Nifty Pharma | 26,662.80 (+0.48%) |
Top Movers
| Symbol | Company | Last |
|---|---|---|
| GRASIM | Grasim Industries Ltd. | 3,260.00 (+5.13%) |
| TCS | Tata Consultancy Services Ltd. | 2,473.70 (+4.57%) |
| INDIGO | Interglobe Aviation Ltd. | 5,400.00 (+4.43%) |
| INFY | Infosys Ltd. | 1,180.00 (+4.42%) |
| SHRIRAMFIN | Shriram Finance Ltd. | 1,090.20 (+4.16%) |
| Symbol | Company | Last |
|---|---|---|
| APOLLOHOSP | Apollo Hospitals Enterprise Ltd. | 8,820.00 (-1.53%) |
| SUNPHARMA | Sun Pharmaceutical Industries Ltd. | 1,963.50 (-1.36%) |
| MARUTI | Maruti Suzuki India Ltd. | 14,150.00 (-0.59%) |
| ONGC | Oil & Natural Gas Corporation Ltd. | 242.00 (-0.22%) |
| TECHM | Tech Mahindra Ltd. | 1,649.00 (-0.14%) |
Global Cues
Asian markets mostly ended lower on Monday, despite a dip in Brent crude oil prices and US Treasury bond yields. Selling pressure was particularly evident in heavyweight semiconductor and artificial intelligence-related stocks, leading to a significant plunge in Seoul shares. Concerns over elevated tech valuations and sluggish manufacturing numbers from China overshadowed hopes of easing US-Iran tensions.
Currency & Macro
The Indian rupee strengthened against the US dollar on Monday, closing at 95.31, up 12 paise from its previous close. On the macro front, India’s gross Goods and Services Tax (GST) collections jumped 15.4% to ₹2,11,205 crore in July 2026, driven by higher mop-up from domestic transactions and imports. However, the manufacturing sector’s expansion slowed to a near five-year low in July, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI) easing to 53.5 from 54.2 in June.
IPO Watch
- Anawil Wire And Engineering Ltd. (ANAWIL): This IPO, open from August 3-5, 2026, with a price band of ₹257-270, has seen strong demand, subscribed 4.42 times overall (QIB 2.87x, NII 0.56x, RII 3.78x).
- GV Electricals Ltd.: Open from July 31-August 4, 2026, with a price band of ₹123-130.
- Fusion Klassroom Edutech Ltd.: Also open from July 31-August 4, 2026, with a price band of ₹151-159.
- Aegeus Technologies Ltd.: This IPO opens today, August 4, 2026, and closes on August 6, 2026, with a price band of ₹100-105.
Corporate & Earnings
- Patel Retail Ltd.: Announced expansion of its distribution network for the “Indian Chaska” brand products.
- PN Gadgil Jewellers Ltd.: Intimated about a Qualified Institutional Placement (QIP).
- Bharti Airtel Ltd.: Shared the outcome of its Annual General Meeting.
- Kirloskar Pneumatic Company: Acquired 99.49% of the total voting power in KSEA, aiming to strengthen its presence in Southeast Asia.
- Mastek’s arm: Partnered with Innovaccer, marking a strategic step towards becoming a leading AI transformation partner for the healthcare industry.
- Jindal Stainless: Reported an 8% rise in its Q1 consolidated net profit, with total income increasing by 10.91% to ₹11,396.93 crore for Q1FY27.
The introduction of the Closing Auction Session (CAS) for F&O-eligible stocks on August 3, 2026, significantly impacted the Nifty’s sharp rise in the fag end of Monday’s trade.
Despite a slowdown in manufacturing sector expansion, robust GST collections and sustained FII inflows signal underlying resilience in the Indian economy.