SGX Nifty August 2026 futures declined by 2.50 points, indicating a subdued opening for the Nifty 50 today.
Institutional Flows:
According to preliminary statistics from the Indian equities market, on August 17, 2026, overseas portfolio investors sold shares worth 2,535.10 crore rupees, while institutional investors from within the country bought shares worth 5,101.46 crore rupees. Up until August 17, 2026, foreign portfolio investors bought shares worth Rs 12,028.69 crore. In July 2026, they bought net cash worth 6,731.97 crore, and in June of the same year, they sold net cash worth 53,957.90 crore.
Global Markets:
On Tuesday, most Asian markets fell as inflation fears were heightened by oil prices hitting $91 per barrel, caused by fresh uncertainty over a US-Iran truce. As talks between Washington and Tehran remain deadlocked, US President Donald Trump has threatened military action against Oman and has ruled out any extension of the 60-day accord with Iran. The yield on longer-dated US Treasuries has increased due to the spike in oil prices.
July was a slow month for China’s economy, with spending by consumers, investments, and factories all taking a nosedive. The 0.6% year-on-year gain in retail sales was a slowdown from the 1% growth seen in June. Contrasting with the 5.7% fall seen in the first half of the year, urban fixed-asset investment fell 6.7% in the first seven months of the year. At the same time, the increase in industrial output slowed to 4.5 percent from 5.3.3 percent in June. In June, the urban jobless rate rose from 5% to 5.2%.
As rising oil prices stoked fears of inflation, US stocks ended the trading session in the red as rising tensions between Washington and Tehran weighed on the market. The Nasdaq Composite lost 0.32% of its value, the S&P 500 lost 0.52%, and the Dow Jones Industrial Average lost 0.51%. In order to gain a better understanding of the future direction of interest rates, investors will now wait for Wednesday’s release of the Federal Reserve’s meeting minutes from July. During its meeting on 28-29 July, the Federal Reserve kept its benchmark rate at 3.50%-3.75%, even though three policymakers wanted to raise it.
Domestic Market:
Monday was a quiet start to the week for major benchmark indices, with the Nifty falling below 24,300 as rising crude oil prices dampened investor enthusiasm. As a result of the lack of progress in finding a solution to the crisis with Iran, Brent crude was relatively unchanged at around $89 per barrel.
Metal stock prices were on the rise, while those in the information technology, fast moving consumer goods, and consumer durables industries were under selling pressure. The S&P BSE Sensex closed at 77,728.16 after shedding 281.09 points, or 0.36% of its value. The Nifty 50 index closed at 24,287.65, down 78.35 points or 0.32% from its previous level.
