Morning Bell 03rd August 2026 by Bajaj Broking Ltd
Market Commentary
Indian benchmark indices opened on a positive note and extended their gains throughout the session, supported by broad - based buying across sectors . Stable crude oil prices and easing geopolitical concerns improved investor sentiment, helping the benchmark indices sustain their momentum and trade comfortably above key support levels .
* At close, the Nifty 50 gained 0 .27% to settle at 24 ,383 , while the Sensex advanced 0 .21% to close at 78 ,094 .
* On the sectoral front, Nifty Media and Auto emerged as the top - performing sectors, with additional support from Financial Services, which helped drive the benchmark indices higher . On the other hand, Nifty FMCG and IT remained the key laggards, witnessing mild profit booking during the session .
* The broader market also participated in the rally . The Nifty Midcap 100 index gained 0 .44 %, while the Nifty Small cap 100 index also advanced 0 .44 %, indicating healthy participation beyond the large - cap space .
* Gift Nifty signals a positive opening for the Indian market amid firm global cues . Nifty spot in today's session is likely to trade in the range of 24 ,250 - 24 ,600 .
Global Updates
* Mega - cap tech momentum anchored Wall Street into the month - end close .
* Global energy prices plummeted in early Monday trade following weekend diplomatic breakthroughs . International Brent Crude (UKOIL) crashed - 8 .06 % (- $ 7.34 ) to $ 83 .69 /bbl , US President signaled over the weekend that Middle East allies reached outline terms toward an agreement with Tehran to halt ongoing strikes under Operation Project Freedom, alongside OPEC+ confirming a planned production boost of 188 ,000 bpd starting in September .
* Global markets enter a high - impact macro data week as investors prepare for Monday night's U.S . ISM Manufacturing PMI release (consensus at 54 .0 ) and Friday's July Nonfarm Payrolls report .
* Asian Market performance :KOSPI : - 295 .02 pts (- 4 .47 %) Nikkei 225 : - 1,417.59 pts (- 2.20 %) S&P/ASX 200 : - 11.8 pts (- 0 .13%)
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