The Indian stock market extended its strong momentum into the fourth consecutive session on Monday, 3 August 2026, driven by a sharp rally in IT stocks, falling crude oil prices, and robust institutional inflows. Easing geopolitical tensions in the Middle East significantly bolstered risk appetite across domestic equity benchmarks.
The benchmark BSE Sensex surged 544.39 points (0.70%) to close at 78,639.03. Meanwhile, the broader NSE Nifty 50 soared 390.70 points (1.60%) to settle comfortably at 24,774.30, touching an intraday high near the 24,800 psychological mark. The Nifty Bank index registered impressive gains as well, jumping 983.10 points (1.72%) to finish at 58,247.95.
Market Snapshot: Key Benchmark Indices
- BSE Sensex: 78,639.03 | ▲ 544.39 (+0.70%)
- NSE Nifty 50: 24,774.30 | ▲ 390.70 (+1.60%)
- Nifty Bank: 58,247.95 | ▲ 983.10 (+1.72%)
- Nifty Midcap 100: ▲ 1.20%
- Nifty Smallcap 100: ▲ 1.20%
Top Gainers and Losers Today (3 August 2026)
Top Nifty 50 Gainers
- Grasim Industries: +5.13% (₹3,260.00) — Led the Nifty gainers on heavy institutional buying.
- Tata Consultancy Services (TCS): +4.57% (₹2,473.70) — Surged amid a sector-wide technology rally.
- InterGlobe Aviation (IndiGo): +4.43% (₹5,400.00) — Gained strongly on falling international aviation fuel and crude prices.
- Infosys: +3.25% — Advanced on value buying and strong closing auction demand.
- Shriram Finance: +1.90% — Supported by strong inflows into the financial sector.
Top Nifty 50 Losers
- Sun Pharma: -1.98% (₹1,950.00) — Dragged by profit-taking near multi-week highs.
- Apollo Hospitals: -1.53% (₹8,820.00) — Faced stock-specific selling pressure.
- Maruti Suzuki: -0.95% (₹14,104.00) — Eased due to selective profit-booking despite solid auto sector cues.
- ONGC: Slipped amid lower crude oil realizations.
- Tech Mahindra: Saw mild profit-taking late in the session.
Sectoral Highlights & Primary Market Drivers
- IT Sector Leads Market Rally: The Nifty IT index surged 3.28%, making it the top-performing sector of the day. TCS, LTM (+7.52%), and Infosys attracted heavy buying as institutional investors reallocated funds into tech services.
- Plunge in Crude Oil Prices: International Brent crude oil fell nearly 5%, easing India’s import bill pressure and fueling gains in aviation, auto, and consumer stocks.
- Banking & FMCG Strength: Bank Nifty jumped 1.72% while Nifty FMCG rose 1.72%, with ITC (+2.14%) and major lenders boosting broader sentiment.
- Media Lagged: The Nifty Media index was the biggest sectoral loser (-3.28%), primarily impacted by heavy selling in Zee Entertainment.
Technical Outlook
Following today’s bullish momentum, the Nifty 50 established firm support around the 24,500–24,550 range. A sustained move above 24,800 could open doors for the index toward the 25,000 milestone in the coming sessions.
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Rupee at Close
3 Aug, 2026
Indian rupee ended higher at 95.34 per dollar on Monday versus previous close of 95.39.
Source : moneycontrol
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FII’s & DII’s Activity on 3 Aug, 2026
Net value in crores
| BUY | SELL | |
| DII | 1,571.18 | |
| FII | 922.26 |
Source : NSE
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