Indian Markets Pre Market Report Today August 5, 2026: GIFT Nifty Signals Gap-Up Start; RBI Policy and 24,800 in Focus

Indian Markets Pre Market Report Today – August 5, 2026: Indian equities are likely to open higher on Wednesday after a strong overnight rally in US markets and a sharp fall in global crude oil prices.

Early GIFT Nifty indications were near 24,710, up roughly 130 points, suggesting a positive start for the Nifty 50. The signal may change before the opening bell, so investors should verify the live contract again around 8:45–9:00 AM IST.

The RBI monetary policy decision will be the biggest domestic event today. Markets widely expect the central bank to keep the policy rate unchanged, but the RBI’s comments on inflation, crude oil, liquidity and the rupee could influence banks, financial stocks, bonds and rate-sensitive sectors.

Indian Markets Pre Market Report Today: Quick Snapshot

Global Cues: Wall Street Closes at Record Highs

US markets recorded a strong session on Tuesday. Better-than-expected corporate earnings, strength in AI-linked companies and falling crude oil prices lifted investor sentiment.

The Dow and S&P 500 closed at record highs. Palantir jumped sharply after raising its revenue outlook, while Caterpillar gained on strong demand connected with construction, power and data-centre projects.

Semiconductor stocks also performed well, helping the Nasdaq record the strongest gain among the three major indices.

For Indian markets, the US rally is supportive for:

• Information technology companies
• Electronics manufacturers
• Capital-goods companies
• Data-centre-related businesses
• Export-oriented stocks

Still, the sharp global rise may encourage some profit-booking after the opening gap. Traders should avoid assuming that a strong start will automatically result in a strong close.

European Markets End at a Record High

European shares also finished Tuesday on a positive note.

The pan-European STOXX 600 gained 0.7% to close at 656.86, marking a fresh record. Technology stocks, company earnings and lower crude oil prices supported the rally.

Major European markets were broadly positive during the session:

• Germany’s DAX was supported by technology and industrial shares.
• France’s CAC 40 benefited from corporate earnings.
• The UK market received support from mining, defence and selected healthcare stocks.
• European semiconductor companies gained following the technology rally in the US.

The strong European close adds to the positive global setup for India.

Reuters: Global Markets Rally as Oil Prices Fall

Asian Markets and GIFT Nifty Latest Update

Asian markets are broadly positive this morning, led by Japan and South Korea. Strong technology earnings and renewed demand for semiconductor shares have lifted sentiment, while falling crude oil prices are also supporting equities. 

Global News and Geopolitical Developments

The US-Iran situation remains an important trigger for global markets.

Optimism about a possible diplomatic arrangement regarding the Strait of Hormuz pushed crude oil sharply lower. Brent crude fell more than 5% to around $79.66 a barrel, while WTI dropped nearly 6% to approximately $75.87.

This is supportive for India because lower crude can:

• Reduce the oil import bill
• Ease inflation pressure
• Support the Indian rupee
• Lower transport and input costs
• Help aviation, paints, tyres and logistics companies
• Improve sentiment towards oil-marketing companies

However, no final resolution should be assumed. A breakdown in talks or fresh disruption to shipping routes could quickly push crude higher again.

US employment data is another global factor to watch. Investors will monitor labour-market indicators for clues about the Federal Reserve’s next policy step.

Previous Session Indian Market Review

Indian benchmarks ended lower on August 4, breaking a four-session winning streak.

The Nifty 50 declined 0.64% to 24,614.90, while the Sensex fell 0.27% to 78,428.95. Fifteen of the sixteen major sectoral indices ended lower.

Financial and IT shares faced selling pressure. Reliance Industries and HDFC Bank also declined, while LIC dropped sharply after the government announced a discounted stake sale.

The session was also affected by confusion around the new Closing Auction Session.

At 3:15 PM, Nifty was down around 1.25%, but the official close showed a smaller decline of about 0.6% after the auction. This late adjustment created uncertainty for cash-market participants and options traders.

Tuesday’s decline should therefore be viewed with some caution. Part of the closing movement reflected the new price-discovery process rather than normal continuous trading.

Today’s Technical Trading Setup

The 24,600 strike carried the highest Call open interest in the latest weekly options data, followed by 25,000 and 24,800. This makes the 24,600–24,800 zone important for the day.

Nifty 50 outlook

Nifty needs to sustain above 24,700 after the expected positive opening.

A move above 24,800 can trigger short covering towards 24,900 and 25,000. If the index opens higher but falls below 24,600, it may indicate that traders are using the gap to book profits.

The key downside zone lies between 24,500 and 24,400.

Bank Nifty outlook

Bank Nifty may remain sensitive to the RBI announcement.

A status-quo policy with a balanced commentary may support banks. A more hawkish tone on inflation could create volatility in rate-sensitive stocks.

The index must hold around 57,400 to maintain its short-term structure.

Open Interest, Put-Call Ratio and India VIX

Options traders should read Wednesday’s data carefully because the weekly expiry concluded on Tuesday.

Fresh positions will now shift towards the next expiry. Initial Call writing may appear at 24,800 and 25,000, while Put writing could develop around 24,500 and 24,600 if the positive opening sustains.

The Put-Call Ratio should be checked again after the first hour because rollover and fresh weekly positioning can distort the early reading.

India VIX increased during Tuesday’s volatile session and reached its highest level in roughly one week. Even so, volatility remains far below panic levels.

For beginners:

• Rising price with Put writing generally supports a bullish view.
• Falling price with Put unwinding can indicate weakness.
• Heavy Call writing near 24,800 may limit the upside.
• Call short covering above 24,800 can accelerate the rally.

Moneycontrol: Trade Setup for August 5, 2026

Previous Session FII–DII Data – August 4, 2026

New SEBI Closing Auction Rule and Its Impact

SEBI’s Closing Auction Session, introduced from August 3, is now one of the biggest short-term market-structure developments.

The auction initially covers stocks available in the F&O segment. Instead of calculating the closing price using the previous 30-minute volume-weighted average, eligible orders are matched at a single auction price near the end of the session.

What changes for investors?

• The displayed price before 3:15 PM may differ from the official close.
• Nifty and Sensex can show unusual divergence.
• Options premiums may react sharply near the auction window.
• Index funds and institutional investors may receive better closing liquidity.
• Retail traders should not hold oversized expiry positions into the auction without understanding the risk.
• End-of-day stop-loss and market-order behaviour may differ from the earlier system.

The mechanism is intended to improve closing-price discovery, but the first two sessions showed that traders need time to adjust. Reuters reported that market participants and broker associations were seeking greater clarity after sharp closing swings.

Two Growth Stocks to Watch After Q1 FY27 Results

1. Bharti Airtel

Bharti Airtel reported a strong June-quarter performance.

Q1 profit rose 37.3% year-on-year to ₹8,167.4 crore, while revenue increased 18.4% to ₹58,539 crore. Higher mobile tariffs, customer growth and healthy India and Africa operations supported the results.

Fundamental outlook

Positive factors include:

• Improving average revenue per user
• Strong mobile-data consumption
• Continued 5G monetisation
• Growing enterprise and broadband business
• Diversified India and Africa operations
• Better cash-generation potential

The risks include spectrum costs, capital expenditure, competition and regulatory changes.

Technical outlook

The stock closed near ₹1,956.50 in the previous session. Traders should watch whether it holds above the recent result-day support zone.

A strong-volume breakout above its recent high can improve momentum. Long-term investors should focus on free cash flow, debt reduction and ARPU growth rather than a one-day price move.

Bharti Airtel: Official Quarterly and Annual Results

2. BSE Ltd

BSE reported one of its strongest quarterly performances.

Q1 FY27 consolidated revenue rose approximately 63% year-on-year to ₹1,706.8 crore, while net profit attributable to shareholders increased 62% to around ₹872.7 crore. Growth in derivatives and transaction activity supported the result.

Fundamental outlook

The business can benefit from:

• Rising retail participation
• Growth in derivatives volumes
• Higher transaction income
• Mutual-fund platform activity
• New listings and market-data revenue
• Greater competition between exchanges

The key risk is regulatory intervention. Exchange stocks can react sharply to changes in derivatives rules, expiry schedules, transaction charges or market-share trends.

Technical outlook

BSE shares remain in a wider high-volatility structure. Investors should avoid chasing a sharp result-driven gap.

A controlled pullback followed by support near the breakout zone may offer a better risk-reward setup than buying after a vertical rise.

BSE Ltd: Official Investor Relations and Financial Results

Latest IPO Updates

IPO activity remains active across the mainboard and SME segments.

Zerodha’s current IPO page lists open, upcoming and recently closed issues with dates, price bands, lot sizes and listing schedules.

One open issue is Aegeus Technologies, with the IPO scheduled from August 4 to August 6. The price band is ₹100–₹105, the lot size is 1,200 shares, and the issue size is around ₹24 crore.

Other recent IPO activity includes Juniper Green Energy and SME offers moving towards allotment or listing.

Before applying, investors should check:

• Fresh issue versus offer for sale
• Debt and cash-flow position
• Use of IPO proceeds
• Promoter holding
• Valuation against listed peers
• Customer concentration
• Mainboard versus SME liquidity risk

Grey-market premiums are unofficial and should not be the only reason to apply.

Zerodha: Latest and Upcoming IPOs in India

Commodity Market Update

Gold gained about 1.5% in the US session, while silver rose more than 4%, supported by economic uncertainty and demand for precious metals.

MCX gold’s August contract closed near ₹1,41,095, while recent Gold Mini readings were around ₹1,41,381.

Commodity contracts have different expiry dates, so readers should check the exact contract before comparing prices.

Currency Market Update

The rupee closed nearly unchanged at approximately ₹95.3775 per US dollar on Tuesday.

Foreign inflows and dollar selling by overseas banks supported the currency. Importer hedging and caution ahead of the RBI policy prevented a stronger gain.

The rupee may strengthen if:

• Crude remains below $80
• Foreign investors continue buying
• RBI commentary supports currency stability
• The US dollar weakens globally

A hawkish RBI message may support the rupee but could create mixed reactions in equities.

Short-Term Investment View

Short-term traders should remain positive but avoid chasing the opening gap.

• Watch whether Nifty sustains above 24,700.
• Consider 24,800 the first major resistance.
• Keep strict stop-losses before the RBI announcement.
• Focus on earnings-backed stocks with strong volume.
• Avoid oversized positions during the closing auction.
• Book partial profits near major resistance zones.

Telecom, exchanges, technology, paints, aviation and tyre companies may remain active.

Long-Term Investment View

Long-term investors can continue using staggered purchases.

Themes worth monitoring include:

• Telecom and digital connectivity
• Capital markets and financial infrastructure
• Private banking and insurance
• Electronics manufacturing
• Capital goods and power transmission
• Healthcare
• Consumer companies with steady cash flows

A strong quarterly result does not automatically make a stock attractive. Valuation, balance-sheet quality, cash flow and management execution should also be checked.

Today’s Indian Market Forecast

• Indian markets may open positive or gap-up based on early GIFT Nifty indications.
• Nifty needs to sustain above 24,700–24,800 to extend the rally towards 25,000.
• The 24,500–24,600 zone may act as immediate support.
• RBI policy commentary could create sharp movement in banks, NBFCs, real estate and automobile stocks.
• Lower crude oil and record US markets are supportive, but closing-auction volatility remains a risk.

Further Reading

Positive Indian Markets Weekly View: Nifty, Bank Nifty and Sensex Outlook for August 3–7, 2026

Q1 FY27 Results Analysis: Deepak Fertilisers, JSW Infrastructure, Tata Steel, Tanla Platforms and KPIT Technologies

Banking Sector Q1 FY27 Results Analysis for 5 Important Stocks

Q1 FY27 Results Analysis: Reliance, TCS, HCL Tech, Jio Financial and DMart

Stock Market 101 – Lesson 36: SIP Strategy Upgrade

Disclaimer:

This Indian Markets Pre Market Report Today is published only for educational and informational purposes. It is not investment advice or a recommendation to buy, sell or hold any security. Market levels, GIFT Nifty, commodities, currencies and options data can change rapidly. Readers should verify live prices and consult a SEBI-registered investment adviser before making financial decisions.

Article Information

Author: Kartalks Research Desk
Reviewed by: Kartalks Editorial Team
Content Type: Indian stock market pre-market report, global cues, GIFT Nifty update, Nifty 50 levels, Bank Nifty levels, Sensex view, FII/DII activity, IPO updates, commodity trends, currency movement, and investor education
Sources: NSE, BSE, SEBI, GIFT Nifty, global market data, Asian market updates, FII/DII data, IPO filings, commodity market data, currency market updates, company filings, and official public sources
Last Updated: August 5, 2026