The SGX August 2026 futures are currently trading 23.00 points lower, indicating a flat opening for the benchmark index today.

Institutional Flows:

On 04 August 2026, provisional data indicated that foreign portfolio investors acquired shares valued at Rs 2,446.47 crore, whereas domestic institutional investors recorded net sales amounting to Rs 936.14 crore in the Indian equity market. The FIIs have acquired shares valued at Rs 3,368.73 crore thus far in August (up to 04 August 2026). This follows their cash sales of Rs 5,778.99 crore in July, Rs 49,028.63 crore in June, and Rs 55,963.33 crore in May.

Global Market:

Crude oil prices continued to decline on Wednesday as optimism surrounding advancements in negotiations to reopen the Strait of Hormuz alleviated worries regarding possible supply disruptions from the Persian Gulf. According to a report, Brent crude fell below $79 a barrel, while West Texas Intermediate slipped towards $75 a barrel, after both benchmarks tumbled more than 10% over the previous two trading sessions.

According to a report, Qatar indicated that an interim proposal had been drafted, while both Washington and Tehran signalled progress in discussions aimed at reopening the strategically significant Strait of Hormuz. However, the report indicated that even if a temporary agreement reinstates commercial shipping through the waterway, it may not adequately address the larger conflict or alleviate US President Donald Trump’s apprehensions regarding Iran’s nuclear programme. Source also reported that Trump engaged in discussions with Qatar’s Emir Sheikh Tamim bin Hamad Al Thani on Tuesday, focusing on initiatives aimed at alleviating tensions between the United States and Iran.

Domestic Market:

The benchmark indices concluded the trading day in the red on Tuesday, interrupting a four-session rally as investors opted to realise gains in anticipation of the Reserve Bank of India’s monetary policy announcement scheduled for Wednesday. Sentiment remained cautious amid the weekly expiry of Nifty 50 derivatives contracts and increased volatility following the rollout of the NSE’s new Closing Auction Session. The Nifty concluded its trading session beneath the 24,650 threshold. Oil and gas, along with FMCG stocks, spearheaded the decline, whereas metal and media shares exhibited resilience against the prevailing trend.

Technically, the 24,750-24,780 zone remains the key resistance for the Nifty, while the 24,460-24,430 zone is expected to provide immediate support. The S&P BSE Sensex experienced a decrease of 210.08 points, reflecting a decline of 0.27%, closing at 78,428.95. The Nifty 50 index experienced a decline of 159.40 points, representing a decrease of 0.64%, closing at 24,614.90. In the previous four trading sessions, the Sensex experienced an increase of 2.44%, while the Nifty saw a rise of 3.29%.