The SGX August 2026 futures are presently trading 29.50 points lower, indicating a positive opening for the benchmark index today.

Institutional Flows:

On 30 July 2026, provisional data indicated that foreign portfolio investors acquired shares valued at Rs 3,623.51 crore, whereas domestic institutional investors recorded net sales amounting to Rs 1,864.03 crore in the Indian equity market. The FIIs have divested shares amounting to Rs 6,056.47 crore thus far in July (up to 30 July 2026). This follows their cash sales of Rs 49,028.63 crore in June, Rs 55,963.33 crore in May, and Rs 70,135.46 crore in April.

Global Markets:

Asian markets experienced a significant rally alongside Wall Street on Friday, as South Korea’s struggling market achieved a remarkable recovery. This development has sparked optimism that the recent downturn in AI-related assets could be approaching its conclusion. The yen was also firmly in the spotlight, maintaining a distance from a 40-year low following suspected coordinated intervention from various authorities, which occurred ahead of the Bank of Japan’s rate decision later in the day. Oil prices declined on Friday, with Brent crude futures decreasing by 1.2% to $88.00 per barrel, while U.S. crude experienced a more significant drop of over 2%, settling at $81.82 per barrel.

A drone strike on gas vessels in Egypt’s Mediterranean port of Damietta has indicated a potential new front in the U.S.-Iran conflict, heightening concerns regarding threats to navigation through the Suez Canal, which remains one of the last viable export routes for Saudi oil. Wall Street concluded the trading session on Thursday with a significant uptick, as semiconductor stocks surged and Microsoft achieved its largest daily percentage increase in 18 years following a robust forecast that alleviated concerns regarding substantial investments in AI infrastructure. The S&P 500 experienced an increase of 1.66%, concluding the session at 7,437.63 points. The Nasdaq gained 2.78% to 25,122.18 points, while the Dow Jones Industrial Average rose 1.19% to 52,208.06 points.

Microsoft experienced a surge exceeding 15%, resulting in an increase in its market capitalisation by $450 billion, marking the largest single-day gain for a corporation on Wall Street. The technology giant projected quarterly sales and cloud growth that exceeded expectations. It also reported capital expenditures that fell short of estimates and indicated an expectation to continue generating cash throughout its newly commenced fiscal 2027.

Domestic Market:

The domestic equity benchmarks concluded a turbulent session with slight gains on Thursday, marking the continuation of their winning streak for a second consecutive day. The Nifty concluded the session above the 24,300 threshold, buoyed by advancements in the auto, energy, and consumer durables sectors, although the potential for further gains was restrained by a downturn in private banking and financial equities.

Technically, the index persists in trading above the crucial support level of 24,200, suggesting that the near-term positive bias is still in place. The S&P BSE Sensex increased by 273.55 points, reflecting a rise of 0.35%, reaching a level of 77,928.15. The Nifty 50 index experienced an increase of 66.95 points, reflecting a rise of 0.28%, bringing its value to 24,317.15. Over the course of the two trading sessions, the Sensex has experienced an increase of 1.51%, whereas the Nifty has seen an advancement of 1.38%.