SGX Nifty Updates

The SGX August 2026 futures are currently trading 230.50 points higher, indicating a positive opening for the benchmark index today.

Institutional Flows:

Foreign portfolio investors acquired shares amounting to Rs 277.48 crore, whereas domestic institutional investors emerged as net buyers with a total of Rs 2,260.37 crore in the Indian equity market on 30 July 2026, according to provisional data. 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 downturn on Monday as investors positioned themselves in anticipation of the July jobs report and a packed week of earnings that heralds the start of August trading. Oil prices declined following President Donald Trump’s announcement on Sunday that he had called off a proposed military strike against Iran. U.S. media reports on Friday indicated that the president was preparing for a new series of strikes as prospects for a negotiated resolution to the conflict waned and energy prices escalated. Brent crude futures declined by $3.52, settling at $84.41, whereas U.S. West Texas Intermediate crude fell by $3.49, reaching $81.18 a barrel.

Last week on Wall Street, the three major indexes concluded the trading session on a positive note on Friday, with the Dow increasing by 276.97 points, representing approximately 0.53%, to reach 52,485.03. The S&P 500 concluded the trading session with an increase of 0.7%, reaching a level of 7,489.72, while the Nasdaq Composite experienced a notable rise of 1%, closing at 25,373.85. While Big Tech companies largely delivered on earnings, investors are increasingly hesitant to disregard the escalating AI-related expenditures without more definitive proof of earnings growth, according to reports.

Domestic Market:

Key equity benchmarks rebounded from initial declines to finish in positive territory on Friday, with the Nifty concluding above the 24,350 threshold. Auto and financial services stocks spearheaded the rally, whereas IT, FMCG, and consumer durables shares faced downward pressure. The rebound was propelled by robust earnings from major companies in the June quarter, bolstered by a resurgence in foreign institutional investor inflows, declining crude oil prices, favourable global indicators, and a strengthening rupee. Technically, the Nifty encounters immediate resistance within the 24,367-24,530 range.

The S&P BSE Sensex advanced 166.49 points or 0.21% to 78,094.64. The Nifty 50 index experienced an increase of 66.45 points, reflecting a rise of 0.27%, bringing its value to 24,383.60. In three consecutive sessions, the Sensex experienced an increase of 1.73%, whereas the Nifty recorded a gain of 1.66%.