Stock Market Today: Live Updates 02.08.2026

• Markets are monitoring the start of talks between the U.S. and Iran on Monday, following a volatile cycle of threats and diplomatic pullbacks. • Goldman Sachs has updated its European Conviction List, adding three specific stocks to its high-conviction recommendations.

• Major European stock markets trended higher during premarket trading on Monday as investors positioned themselves ahead of key economic reports. • Market participants are awaiting inflation data from Switzerland and Turkey, alongside manufacturing Purchasing Managers' Index (PMI) reports from the Eurozone, Germany, and the United Kingdom.

• The Indian stock market surged today, with the Sensex jumping 500 points and the Nifty crossing the 24,500 mark. • Key drivers include a 4.77% drop in Brent crude oil futures to $83.74 per barrel and strong Q1 corporate results that exceeded expectations.

• The Indian stock market saw significant growth on Monday, with both the Sensex and Nifty 50 indices rising by approximately 1%. • This surge was primarily driven by a sharp decline in global oil prices following an announcement from US President Donald Trump regarding talks with Iran.

• Choice International CEO Arun Poddar asserts that Indian equities remain attractive despite external risks, noting that the "India has no AI play" argument is weakening. • Poddar highlights that the AI and semiconductor rally is cooling in other markets, specifically citing sharp declines in South Korea's KOSPI and Taiwan's TAIEX.

• Motilal Oswal Wealth Management Research Desk has identified RR Kable and KFin Technologies as the top stock recommendations for the week starting August 3, 2026. • These specific picks are highlighted as high-potential investment opportunities for traders and investors looking to optimize their portfolios.

• Indian equity markets rallied on Monday, with the BSE Sensex jumping over 660 points to 78,756.16 and the Nifty 50 crossing the 24,590 mark. • The surge was driven by a combination of easing geopolitical tensions in West Asia, a sharp decline in crude oil prices, a stronger rupee, and resilient June-quarter corporate earnings.

• The BSE Sensex surged by over 600 points and the NSE Nifty50 climbed above 24,550, driven largely by a decline in global crude oil prices. • Market momentum is currently being shaped by a combination of corporate earnings reports, foreign investor activity, and key economic indicators.

• Wall Street investors are awaiting the release of the U.S. nonfarm payrolls report on August 7 and upcoming corporate earnings to determine the market's next direction. • Markets are currently navigating significant volatility driven by geopolitical tensions and uncertainty regarding the Federal Reserve's future interest rate policies.

• The Indian stock market recovered from early losses to rally approximately 3% over the past week despite ongoing global volatility. • Market movement for the coming Monday will be driven by key factors including corporate earnings, fluctuating oil prices, and domestic economic cues.

• On April 9, 2025, Donald Trump announced a 90-day pause on several new tariffs shortly after advising Truth Social followers that it was "a great time to buy." • The controversy centers on the "Truth API," a $1.2 million data feed that allows Wall Street firms to receive the president's market-moving announcements with minimal latency.