Sensex Today | Stock Market Live: Nifty opens above 24,500, Sensex up 400 pts; auto, banks shine
- The Indian stock market opened higher on August 3, with the Nifty index crossing the 24,500 mark and the Sensex gaining 400 points.
- Market growth was primarily driven by strong performance in the banking and automotive sectors.
- Key companies in focus for the day include Maruti Suzuki, ITC, Tata Motors, Hyundai Motor, and Hero MotoCorp.
- Investors are closely monitoring these specific stocks and sector trends to determine the market's momentum for the remainder of the trading session.
Sources & Citations
1 sourceMore Stories
Top Financial Stocks To Keep An Eye On – August 27th - Markets Daily
• MarketBeat’s stock screener tool identified seven key financial stocks to monitor on August 27th. • The highlighted companies include major players such as Bank of America, Visa, Coinbase Global, Intuit, Robinhood Markets, Circle Internet Group, and BitMine Immersion Technologies.
Read original · themarketsdaily.comWall Street Week Ahead
• Wall Street enters September with a heavy focus on AI spending and key economic indicators, including the August jobs report and the Federal Reserve's Beige Book. • A wave of tech earnings is scheduled, with Dell Technologies reporting Tuesday, followed by Broadcom, Snowflake, and Hewlett Packard Enterprise on Wednesday to gauge AI server demand.
Read original · seekingalpha.comThe Week Ahead - 8/30/26 - by Neil Sethi
• Analyst Neil Sethi outlines the key economic and equity drivers for the week of August 30, 2026, focusing on valuations, sentiment, and Federal Reserve activity. • The Q2 earnings season concludes with 10 S&P 500 components reporting, including high-market-cap firms Broadcom (AVGO) on Wednesday, as well as Dell, Medtronic (MDT), and Palo Alto Networks (PANW).
Read original · neilsethi.substack.com
SubstackGDP data, crude prices among 7 factors likely to steer D-Street this week - The Economic Times
• Indian equity markets are expected to be driven by seven key factors this week, including India's first-quarter GDP data and US jobs numbers. • Other critical influences include fluctuations in crude oil prices, institutional investment flows, and overall global sentiment regarding the technology sector.
Read original · economictimes.indiatimes.comGDP data, crude oil prices likely to drive stock markets in week ahead
• Stock markets are expected to be highly volatile in the coming week, driven primarily by the release of domestic GDP data and global economic reports. • Key indicators influencing market movement will include crude oil price fluctuations, auto sales numbers, and the trading activity of foreign investors.
Read original · business-standard.comAhead of Market: 10 things that will decide stock market action on Monday - The Economic Times
• Indian equities, specifically the Sensex and Nifty, rebounded on Friday following strong gains in heavyweight IT stocks after two days of losses. • Market analysts anticipate range-bound trading for Monday, citing mixed global cues and ongoing geopolitical tensions.
Read original · economictimes.indiatimes.comIndia's Economic Growth: Driven by Policy Distortions, Not Market Forces, Says Bernstein, ETBFSI
• A report by Bernstein warns that India's current economic growth is driven by government policy distortions and tax incentives rather than genuine market forces. • The analysis highlights that Production Linked Incentive (PLI) schemes, which allocated over Rs 287 billion since FY2023, have artificially boosted profitability in the electronics and electric vehicle sectors.
Read original · bfsi.economictimes.indiatimes.comIndia's economic growth driven by policy distortions rather than pure market forces: Bernstein
• A report by Bernstein claims that India's current economic growth is being driven by policy distortions rather than pure free-market forces. • The analysis indicates that company earnings, domestic consumption, and asset valuations are increasingly influenced by tax incentives, regulatory interventions, and government transfers.
Read original · aninews.inEditor's Take: The Week That Was—August 24-29
• Software company MioTech has merged with a unit of China's largest credit rating agency to create Asia's leading sustainability and analytics firm. • Founder Jason Tu stated that the strategic merger is designed to position the new entity for a public listing in Hong Kong by 2028.
Read original · dealstreetasia.com
DealStreetAsiaUS jobs report seen backing Kevin Warsh view of labour market- Moneycontrol.com
• Markets are awaiting the US jobs report, with the unemployment rate expected to hold steady at 4.1%, potentially supporting Kevin Warsh's views on the labor market. • European economic data is also pending, including Italy's unemployment rate forecast at a nearly three-year high of 3.4% on Tuesday and German factory orders on Friday.
Read original · moneycontrol.comWhat’s in store for the week ahead By Investing.com
• Bitcoin is currently holding its price at $78,000, putting the "digital gold" narrative to a critical test amid market volatility. • HDFC Bank CEO Jagdishan is set to step down from his position in October following increasing governance pressures.
Read original · in.investing.comExpert view: FPIs turn positive on India | OmniScience Capital CEO sees non-AI diversification boosting inflows
• Foreign Portfolio Investors (FPIs) are showing a positive shift toward Indian equities, according to Vikas Gupta, CEO of OmniScience Capital. • Gupta attributes this trend to non-AI diversification and strong growth across various Indian sectors, despite ongoing global inflation pressures.
Read original · livemint.com