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Prime Minister Narendra Modi seeks parliamentary approval for tax cuts to boost foreign investment and local manufacturing. The government plans to formalise tax breaks for overseas investors and electronics suppliers. Finance Minister Nirmala Sitharaman aims to pass these bills before the current Parliament session ends on August 13, despite recent protests.
Ather Energy will launch its new e-scooter, codenamed EL, on August 29 at Community Day. CEO Tarun Mehta said, "We expect it to particularly drive volumes in the ₹1 lakh to ₹1.25 lakh segment." The company built new capacity in Chhatrapati Sambhajinagar to support this affordable, mass-market electric vehicle launch.
On August 3, Nalco and four other Nifty500 stocks closed above their VWAP, signaling a potential bullish shift. When prices rise above this average, it shows that shares traded higher than the daily volume-weighted cost. Many traders use this trend to spot positive market sentiment and prepare for future gains.
The Indian stock market may open gap-down on 4 August 2026 as Gift Nifty signals a drop. Vaishali Parekh said, "The 56,500 zone shall be the important near-term support." She recommends buying Triveni Engineering, Syngene International, and GE Shipping today. Investors remain hopeful as institutional buying continues to support domestic equities.
Global investors are returning to India as valuations cool and the AI rally slows down. Mitesh Shah, CEO of Equirus Family Office, said, "Now that the AI rally has cooled off globally and the valuations in India have become significantly better, we see investor interest coming back to India."
Crude oil prices reached $84.50 a barrel on August 4 after recent losses. Prices rose as supply risks returned following fresh attacks near the Strait of Hormuz. Diplomatic hopes faded as Iran said no negotiations are underway with the United States. Experts said prices will depend on how long disruptions persist.
The Indian market started the week with strong momentum and expects continued positive sentiment. Encouraging first-quarter earnings and easing crude oil prices support this upward trend. Investors now watch the Reserve Bank of India's monetary policy meeting. On Friday, foreign portfolio investors net bought shares worth Rs 922 crore.
ITC’s June 2026 net profit fell 27% as higher cigarette taxes hit the company hard. Despite this, the consumer segment and paper business showed strong growth. Analysts reduced earnings estimates for upcoming years because ITC faces risks like input cost inflation and weak monsoon progress during this difficult fiscal period.
Indian equity markets ended on a strong note on 4 August, with Nifty 50 closing at 24,774.30, up 1.60%. Nifty IT led the gains with a 3.28% rise, while Nifty Media fell 3.09%. Many stocks showed positive movement as 2,360 shares advanced, reflecting broad buying interest across the market.
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.