NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on August 4

The Indian equity benchmarks are set to open on a flat note on Tuesday, August 4, as indicated by GIFT NIFTY futures. NIFTY futures at GIFT City in Gandhinagar fell 6 points to 24,646 amid subdued cues from Asian markets.

The Indian equity benchmarks rose for a fourth straight session on Monday and closed at their highest levels in five months as investor sentiment got a boost from drop in crude prices as geopolitical tensions eased in West Asia.

The SENSEX ended 0.7% or 544 points higher at 78,639 and NIFTY50 index advanced 1.6% or 391 points to close at 24,774.

Monday's trading session was the first in which markets closed under the Closing Auction Session (CAS) mechanism.

The National Stock Exchange (NSE) recorded a turnover of ₹1,276.2 crore during the Closing Auction Session (CAS) on Monday, while turnover on the BSE stood at ₹10.8 crore.

On the NSE, ICICI Bank emerged as the top traded stock in terms of CAS turnover, followed by HDFC Bank, Reliance Industries, Infosys and Bharti Airtel.

Bajaj Finance, Eternal, Tata Consultancy Services (TCS), CG Power and Axis Bank were the other stocks among the top 10 in terms of turnover during the closing auction session, NSE said.

Asian markets

Asian markets were trading on a subdued note as crude oil moved higher after reported suggested that Tehran has denied holding talks with Washington, saying it is speaking to Oman about the Strait of Hormuz.

While, US President Donald Trump said that talks with Iran were under way, warning that the negotiations are Tehran’s “last chance” to secure a deal to end the five-month conflict.

Japan's Nikkei 0.5%, China's Shanghai Composite declined 0.14%, Hong Kong's Hang Seng fell 0.5% and South Korea's KOSPI declined 0.24%.

Crude oil update

Following latest developments in West Asia, Brent Crude futures rose 1.3% to $75 per barrel.

Wall Street update

US stocks ended sharply higher on Monday as falling crude prices erased worries about spiralling inflation could get worse.

S&P 500 index advanced 1.48%, Dow Jones Industrial Average surged 1.32% and tech heavy Nasdaq index jumped 2.13%.

FII/DII activity

Foreign institutional investors (FIIs) bought shares worth ₹922 crore on Monday while domestic institutional investors bought stocks worth ₹1,517 crore, as per NSE data.

Stocks to watch

In a social media post on Monday, the Food Safety and Standards Authority of India (FSSAI) informed that it has issued a prohibition order to Dabur India Ltd over the sales of food products carrying misleading '100 per cent' claims, including honey, apple cider vinegar, virgin coconut oil, sesame oil, cow ghee, coconut water, coconut milk and other such items.

The company's net profit was ₹762.67 crore in the year-ago period.

Total income declined to ₹1,605.56 crore in the first quarter of 2026-27 fiscal from ₹2,980.88 crore in the corresponding period of the preceding year, according to a regulatory filing.

The travel services firm had posted a net profit of ₹73.56 crore for the April-June quarter of last year, according to a regulatory filing.

Its total income decreased to ₹2,153 crore during the first quarter under review, from ₹2,453 crore a year ago.

According to a company statement, the revenue from operations grew to ₹2,250 crore in the quarter from ₹1,960 crore in the year-ago period.

IREDA's profit after tax or net profit increased to ₹337 crore in the quarter from ₹247 crore a year ago.

BEL and Esri India have already delivered projects for the Indian defence services, and the memorandum of understanding (MoU) signed between them will further strengthen the collaboration.

It had reported a net profit of ₹10.43 crore in the April-June period a year ago, Stove Kraft Ltd said in a regulatory filing.

Revenue from operations was up 41.3% to ₹480.58 crore in the June quarter of FY27. It was at ₹340.10 crore in the corresponding quarter a year ago.

The company had posted a profit after tax of ₹845 crore in the corresponding quarter of the previous financial year.

Its total income rose 5% to ₹1,385 crore in the June quarter from ₹1,324.8 crore in the year-ago period, SBI Funds Management said in a stock exchange filing.