Market Pulse
← Archive

Full issue · 2026-08-07

Market Pulse: 7 August 2026 - Pre-Market Update

Market Pulse - Friday, 7 August, 2026
Nifty 24,636 (+0.05%) • FII Sold ₹194 Cr
Market Pulse Friday, 7 August, 2026
Market Snapshot
📊
Nifty 50
24,636
+0.05%
📈
Sensex
78,954.76
+0.48%
🏦
Bank Nifty
58,063.65
+0.56%

In the previous session, the Sensex rose by 0.48% while the Nifty 50 edged up by 0.05%, driven mainly by gains in the PSU Bank sector which climbed 2.2%. The market breadth was positive with 1007 advances against 714 declines. FIIs were net sellers to the tune of ₹194 Cr, whereas DIIs bought ₹232 Cr worth of equities. Overnight, geopolitical tensions in the Middle East, particularly Iran's strategic plans for the Strait of Hormuz, threaten to disrupt oil supplies and impact global markets.

The Big Story
📰 FEATURED

Ban on 'hostile' ships, 20% cargo fines and new transit rules? Iran floats new Hormuz plan, draft still under review

EnergyShipping

Prepare for potential oil price hikes and shipping delays impacting related sectors.

WHY IT MATTERS
Proposed Hormuz transit rules could disrupt oil supply, impacting energy costs and shipping routes.
Quick Takes
global macro • negative
Iran says new Strait of Hormuz route agreed with Oman, final draft of shipping arrangement under review
Monitor developments in Hormuz for potential impacts on energy and shipping sectors.
Read full report →
global macro • negative
US is running out of some of its most powerful missiles. Will Trump turn to piloted air strikes next? Here's what we know
Monitor oil prices and defense sector stocks for volatility due to geopolitical tensions.
Read full report →
global macro • negative
Iran unveils its own Hormuz roadmap, rejects Trump's timeline and says Oman talks are nearing a deal
Energy sector may face volatility; consider hedging against oil price fluctuations.
Read full report →
global macro • negative
11 injured in Houthi attacks on Saudi Arabia, military coalition says
Monitor oil prices; potential impact on energy stocks and import costs.
Read full report →
global macro • negative
‘No red line’: South Lebanon residents outraged as Israel resumes strikes
Watch for oil price movements; potential impact on energy import costs.
Read full report →
sector • positive
Is Accenture's AI-Focused Deal With India's Dabur a Growth Catalyst? - finance.yahoo.com
Potential growth catalyst for Dabur; watch for AI integration benefits.
Read full report →
FII / DII Activity
FII/FPI
Sold
₹194 Cr
DII
Bought
₹232 Cr

FIIs sold ₹194 Cr, DIIs bought ₹232 Cr today.

Market Breadth

Advances: 1007 · Declines: 714 · A/D Ratio: 1.41

Broad-based rally with strong market participation

Sector Performance
PSU Bank
+2.2%
Bank
+0.6%
Fin Services
+0.1%
Infra
+0.0%
Pharma
+0.0%
FMCG
-0.0%
Energy
-0.4%
IT
-0.9%
Metal
-1.0%
Auto
-1.0%
Media
-1.3%
Realty
-1.3%

PSU Bank, Bank led gains while Media, Realty underperformed. Cyclicals leading indicates risk-on appetite.

Top Gainers / Losers
Top Gainers
MAZDOCK +6.28%
HAL +5.92%
KALYANKJIL +5.00%
BDL +4.76%
COCHINSHIP +4.56%
Top Losers
BLUESTARCO -5.65%
POWERGRID -3.90%
LODHA -2.88%
BSE -2.82%
SONACOMS -2.77%
Technical Levels
Nifty 50
Support 24,481 / 24,325
Resistance 24,610 / 24,585
Bank Nifty
Support 57,665
Resistance 57,937

Nifty is in sideways trend. Trading below 200 DMA suggests caution. Short-term momentum is positive.

Global Cues

 |  S&P Futures: -0.25%

Global cues mixed; expect range-bound opening

Commodities & Forex
Gold
₹1,48,958
+0.31%
Silver
₹2,25,860
-0.76%
USD/INR
Rs 95.11/USD
+0.00%
Macro / Economic Events
📌 5 earnings results expected
📌 RBI Monetary Policy Decision
Looking Ahead
👀 RBI Monetary Policy Decision
Corporate Actions
Hero MotoCorp
Q1 net profit jumps 29% to Rs 1,454 crore
Earnings Calendar
Winsome Textile Industries
7 Aug
VXL Instruments
7 Aug
Titan Company
7 Aug

DISCLAIMER

This newsletter is for informational and educational purposes only. It is not investment advice. Markets are subject to risks, and past performance is not indicative of future results. Consult a registered financial advisor before making investment decisions. We are not registered investment advisors with SEBI or any other regulatory body.

AI DISCLOSURE: Some analysis is generated using AI technology and curated by our editorial team.

Market Pulse

Daily market intelligence, delivered.

newsletter.harinext.com · Privacy Policy · Unsubscribe