Trade Setup for Today: Key Things to Know Before the Opening Bell on August 5, 2026

3 min read     Updated on 05 Aug 2026, 08:01 AM
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AI Summary

SGX Nifty indicates a flat opening at 24,741, down 0.05%, despite strong US market gains with Dow up 1.71% and Nasdaq surging 2.58%. Asian markets show positive momentum led by Nikkei's 3.24% jump. FIIs continued buying with ₹2,446 crore inflows while DIIs turned sellers. Crude oil declined 1.19% to $74.87, pressuring energy stocks. Key block deals include Poonawalla Fincorp and Adani Power transactions. USD/INR at 95.37 remains stable.

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Global markets are showing mixed signals as we head into today's trading session, with Asian indices posting gains while commodity prices remain under pressure. Here's what traders need to watch before the opening bell.

GIFT Nifty Update

SGX Nifty futures are trading marginally lower at 24,741.00, down 13.50 points or 0.05% from the previous close of 24,754.50. This suggests a flat to slightly negative opening for domestic indices.

Metric Value
Current Price 24,741.00
Change -13.50 (-0.05%)
Day High 24,765.00
Day Low 24,697.00

US Markets

US markets delivered a strong performance in the previous session, with all major indices posting significant gains:

Index Price Change Change %
Dow Jones 54,106.88 +907.47 +1.71%
NASDAQ 26,602.99 +668.09 +2.58%
S&P 500 (E-Mini) 7,787.00 +21.50 +0.28%

The rally was broad-based, with technology stocks leading the charge as investors showed renewed optimism about market conditions.

Asian Markets

Asian markets are trading positively, building on the momentum from Wall Street:

Index Price Change Change %
Nikkei 225 66,031.22 +2,073.69 +3.24%
Hang Seng 25,912.54 +59.61 +0.23%
FTSE 100 10,879.38 +21.68 +0.20%

The Nikkei's impressive 3.24% surge reflects strong investor confidence in Japanese equities.

Commodity Trends

Commodity markets are showing mixed performance with energy prices under pressure:

Commodity Price (USD) Change Change %
Crude Oil $74.87 -$0.90 -1.19%
Natural Gas $2.69 +$0.01 +0.45%
Gold Futures $4,154.40 +$1.80 +0.04%
Silver Futures $60.08 -$0.17 -0.27%
Copper $6.63 +$0.01 +0.09%

Crude oil's decline reflects ongoing concerns about global demand, while precious metals remain relatively stable.

Currency Updates

The USD/INR pair is trading at 95.37, up 0.04 or 0.04% from the previous session. The EUR/USD is at 1.15, showing marginal strength for the euro.

FII/DII Activity

Institutional flows show contrasting patterns:

Date FII Net (₹ Cr) DII Net (₹ Cr)
Aug 4, 2026 +2,446.47 -936.14
Aug 3, 2026 +922.26 +1,571.18

Foreign investors continued their buying spree with net inflows of ₹2,446.47 crores, while domestic institutions turned sellers with outflows of ₹936.14 crores.

Block Deals

Significant block deals were executed yesterday:

Company Buyer/Seller Shares Price (₹)
Poonawalla Fincorp HDFC Life Insurance (B) 730,000 473.50
Poonawalla Fincorp Helios Mutual Fund (B) 1,580,000 473.50
Adani Power Adani Infra India (B) 124,800,000 210.50
Bajaj Auto Bachhraj & Co (B) 25,000 11,600.00
Paytm Multiple Buyers Various 1,367.80
Meesho Multiple Buyers Various 186.00

Latest Updates for Block Deal Stocks

Poonawalla Fincorp: The company plans to exercise call option on ₹3.00 crore perpetual NCDs issued in 2016, with record date set for August 25, 2026.

Adani Power: NCLT Ahmedabad has approved the merger of Adani Power with 9 of its subsidiaries, marking a significant corporate restructuring milestone.

Sudeep Pharma: The company reported a 30% YoY rise in consolidated net profit to ₹405.90 lakh for Q1FY26, driven by strong performance in its pharmaceutical and nutrition segment.

Key Global Events

Markets are closely watching for any developments in global economic policy and geopolitical tensions. The strong performance in US technology stocks has provided positive sentiment that could influence today's session.

Traders should monitor commodity price movements, particularly crude oil, as energy sector stocks may face pressure. The positive FII flows suggest continued foreign investor confidence in domestic markets, which could provide support during any intraday weakness.

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