Trade Setup for Today: Key Things to Know Before the Opening Bell on August 4, 2026

3 min read     Updated on 04 Aug 2026, 08:01 AM
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AI Summary

SGX Nifty futures indicate a modest 0.17% positive opening at 24,635, supported by strong US market performance with NASDAQ surging 2.13% and Dow gaining 1.32%. However, mixed Asian signals with Nikkei down 0.53% and Hang Seng declining 0.55% suggest cautious sentiment. Institutional flows remain supportive with FIIs net buying ₹922 crore and DIIs adding ₹1,571 crore. Commodities show strength with silver up 1.85% and gold gaining 0.59%, while crude oil rises 0.90%. USD/INR remains stable at 95.32. Key focus on earnings from 190+ companies including Bharti Airtel, ONGC, and Marico, alongside a significant Adani Green Energy block deal worth ₹2,380 crore.

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Global markets are showing mixed signals as traders gear up for another trading session. With key commodity movements and institutional activity shaping sentiment, here's what you need to know before the markets open.

GIFT Nifty Update

SGX Nifty futures are trading at 24,635.00, up 0.17% or 42.50 points from the previous close of 24,592.50. This modest gain suggests a cautious but positive start for the domestic indices.

US Markets

US markets delivered strong performances overnight, with technology stocks leading the charge:

Index Price Change Change %
Dow Jones 53,199.41 +693.38 +1.32%
NASDAQ 25,935.03 +540.18 +2.13%
S&P 500 (E-Mini) 7,642.00 +13.75 +0.18%

The NASDAQ's impressive 2.13% surge indicates renewed optimism in the technology sector, while the Dow's solid gains reflect broader market strength.

Asian Markets

Asian markets are showing mixed trends this morning:

Index Price Change Change %
Nikkei 225 63,416.24 -338.66 -0.53%
Hang Seng 25,865.62 -143.79 -0.55%
FTSE 100 10,857.70 -10.35 -0.10%

Japanese and Hong Kong markets are under pressure, while the FTSE 100 shows minimal movement.

Commodity Trends

Commodity markets are displaying varied movements:

Commodity Price (USD) Change Change %
Crude Oil 81.06 +0.72 +0.90%
Gold Futures 4,114.60 +24.10 +0.59%
Silver Futures 58.93 +1.07 +1.85%
Natural Gas 2.77 -0.01 -0.25%
Copper 6.57 +0.03 +0.44%

Precious metals are showing strength, with silver leading gains at 1.85%, while energy commodities present a mixed picture.

Currency Updates

The USD/INR pair is trading at 95.32, down marginally by 0.01% or 0.01 points. The EUR/USD is at 1.15, showing minimal movement with a slight uptick of 0.01%.

FII/DII Activity

Institutional flows remain positive, supporting market sentiment:

Institution Buy (₹ Cr) Sell (₹ Cr) Net (₹ Cr)
FII/FPI 12,621.89 11,699.63 +922.26
DII 18,325.97 16,754.79 +1,571.18

Both foreign and domestic institutional investors were net buyers, with DIIs showing stronger buying interest at ₹1,571.18 crore net inflow.

Block Deals

Company Seller Buyer Shares Price (₹)
Adani Green Energy ARDOUR INVESTMENT HOLDING LTD ADANI INFRA (INDIA) LIMITED 17,000,000 1,400.00

Latest Update for Adani Green Energy

Adani Green Energy has been in focus following the significant block deal. Recent developments include:

  • SES ESG Research assigned the company an ESG rating of 71.20 (Grade B+) for FY26, indicating medium risk
  • The company plans to complete its 500 MW pumped hydro project in Andhra Pradesh this year
  • FY26 results showed a 23% YoY rise in EBITDA to Rs 10,865.00 crore, driven by 5.10 GW greenfield capacity addition
  • Operational capacity grew 35% to 19.30 GW
  • Physical meetings with sell-side analysts were held in Mumbai as part of regular investor engagement

Key Global Events

With over 190 companies scheduled to announce quarterly results today, including major names like Bharti Airtel, ONGC, Marico, and Pidilite Industries, earnings will be a key driver of individual stock movements. Additionally, several dividend announcements are expected, which could influence specific stock performances.

Conclusion

The session appears set for a cautiously optimistic start, supported by positive US market cues and sustained institutional buying. However, mixed Asian market signals and the heavy earnings calendar suggest selective stock movements. Traders should monitor commodity price trends and individual earnings announcements for directional cues throughout the session.

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