Indian stock markets are likely to open lower today, taking cues from weak signals in GIFT Nifty, which was trading below 24,750 , down 0.25% in early trade. Investors will be closely watching global oil prices, fund flows from both domestic and foreign investors, and key movements in sectors like banking, FMCG, and energy. Market sentiment could also be influenced by any big announcements or updates from major companies during the day.
In the previous session, the markets rebounded with the Sensex rising 419 points to close at 81,018, while the Nifty ended 157 points higher at 24,722, snapping a two-day losing streak.
Key global and domestic cues to know on August 05, 2025
Asian Markets
Asian markets opened on a strong note today, with key indices across the region trading in the green. Japan’s Nikkei 225 and Topix posted steady gains, while South Korea led the rally as the Kospi jumped nearly 1.8% and the Kosdaq climbed even higher. Australia’s ASX 200 also joined the upward momentum, rising close to 0.8%.
India slams Trump’s tariff warning, defends Russian oil imports
India has hit back at Donald Trump’s fresh threat to hike tariffs over its Russian oil trade, calling out the West’s “double standards.” In a statement, the Ministry of External Affairs said India’s oil imports are based on national interest and energy security.
The government reminded that India turned to Russia only after traditional suppliers shifted focus to Europe, and that the US itself had encouraged Russian oil imports back then to stabilise global markets.
Trump slams India over Russian oil trade
US President Donald Trump has stirred controversy once again, this time targeting India over its energy trade with Russia. In a pointed social media post, Trump accused India of “buying massive amounts of Russian Oil” and then reselling “much of the Oil purchased…on the Open Market for big profits.” He alleged that India is financially benefiting from Russia’s ongoing war in Ukraine and warned of economic consequences. Indicating a tougher stance if he returns to office, Trump said he would “substantially” raise tariffs on Indian goods entering the US, potentially straining trade ties between the two nations.
US markets
Wall Street bounced back strongly on Monday, with all three major indices ending firmly in the green. The Dow Jones Industrial Average erased Friday’s losses, rallying 585 points, or 1.34%, to close at 44,173. The S&P 500 also gained momentum, rising 1.47% to settle at 6,329, while the tech-heavy Nasdaq led the surge with a 1.95% jump, finishing the day at 21,053.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.02% up at 98.76 on Tuesday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee appreciated 0.13% to close at 87.66 to the dollar on August 4.
Crude oil
Crude oil prices edged lower in early Monday trading. West Texas Intermediate (WTI) slipped 0.28% to $67.15 per barrel, while Brent crude dipped 0.34% to $69.43.
FII, DII data
Foreign portfolio investors (FPIs) continued their selling trend, offloading shares worth Rs 2,566 crore in the Indian equity market on August 4. On the other hand, domestic institutional investors (DIIs) stepped in as net buyers, investing Rs 4,386 crore, as per provisional data from the NSE.
Gold rate today
Gold prices were higher in early Tuesday’s trade. As per Goodreturns, today, 10 grams of 24-carat gold rate today is Rs 1,01,410, while 22-carat gold costs Rs 92,960. For those preferring 18-carat gold, the price is Rs 76,060 for the same weight.
Top sectors in Tuesday’s trade
Iron and steel stocks led the market rally on Monday, posting the biggest gains with a 2.87% rise in market capitalisation. Defence and infrastructure stocks followed close behind. Auto ancillaries outperformed too, ahead of the non-ferrous metals sector. However, electronics stocks bucked the trend and ended the day in the red.
Best and worst performing business groups
The Hero Group led the pack in Monday’s session with its market cap jumping 5%, making it the top gainer among business groups. Close behind was the Nagarjuna Group, which also saw notable gains. On the flip side, the Anil Dhirubhai Ambani Group faced sharp losses, with its market value slipping 4.4%. Within the group, Reliance Power and Reliance Infrastructure hit lower circuits