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Indian promoters boosted stock purchases in the June quarter, pushing their ownership in listed companies to a two-year high. While foreign investors reduced holdings to a fourteen-year low, domestic investors absorbed the sell-off. Pranav Haldea said, "There is no one who knows more about the business than the promoters."
Asian shares rose after a Wall Street rally driven by tech stocks. The S&P 500 Index climbed 1.5% as investors looked for growth. Matt Orton said, “Earnings will remain the primary focus, with roughly 15% of the S&P 500 by market capitalization scheduled to report.” Oil prices fell amid easing tensions.
India’s new Closing Auction Session started on Monday, leading to an unusual result where the Nifty surged while the Sensex lagged behind. Although both benchmarks track similar stocks, they stopped moving together during the final minutes of trading. Investors are now watching closely to see how this new process works.
Indian markets rose on Monday as the Nifty soared 1.6% to 24,774.30 points. The Sensex closed 0.7% higher at 78,639.03. Vinod Nair said, “The decline in crude oil prices provided relief to markets by easing concerns over inflation.” Most sectors improved, while the rupee strengthened for the sixth consecutive session.
The Nifty 50 jumped nearly 200 points on Monday after the new Closing Auction Session started. This shift replaced the old volume-weighted average price method. Hitesh Tailor said, “This forced short sellers to cover positions before continuous order matching stopped, adding strong underlying upward pressure near the session close.”
The Nifty reached a five-month high on August 3 as markets started the week strong. Brent crude fell over 7% after the US called off a strike on Iran. Meanwhile, the rupee got a boost, hitting a one-month high against the dollar, supported by steady foreign inflows and cheaper oil.
Amazon touched a $3 trillion market capitalization for the first time on Monday. This milestone showed how artificial intelligence optimism pushed technology stocks to new highs. Amazon shares got a boost, rising 3.1% to reach a record high. The company saw yearly gains reach 17.5% as investors cheered the strong growth.
UPL, DLF, Burger King India and Ather Energy reported earnings on Monday, showing a mixed bag of results. KEI Industries saw profit jump 40% due to strong demand. While UPL returned to profit, DLF faced a revenue drop of 53%. Many companies got varied outcomes as the week started.
Fusion CX plans to launch a ₹1,000-crore IPO by October, depending on market conditions. The company reported a 128.3 per cent jump in net profit to ₹170 crore for FY26. CEO Pankaj Dhanuka said, “The market is not in anybody’s hands,” as the firm eyes growth in its global operations.
HSBC, SBI and ICICI Bank got half of India's FCNR flows under the incentive window. Official data showed these three banks led the inflows to strengthen the rupee. Junior finance minister Pankaj Chaudhary said, "The increase in foreign exchange reserves and banking system liquidity will depend on the total amount."
Three early Paytm investors plan to sell shares worth up to Rs 2,002 crore through a block deal at a 5% discount. The sale involves 1.49 crore shares, representing 2.3% of the company. This secondary transaction started on August 3, and the company will not get any money from it.
The government Monday invited applications for 2026-27 import quotas for 30 products under the India-Oman trade pact. Traders can apply from August 4 to August 19, 2026. This deal covers goods like dates, marble, and aluminium ingots. It aims to boost trade by offering lower duties on many key items.