Indian markets are set for another positive start as crude oil continues to decline, Wall Street closed sharply higher, and FIIs remained net buyers in the cash market.<\/p>\n
With sentiment improving globally, the key question is:<\/p>\n
Can Nifty now sustain its momentum towards 24,500?<\/p>\n
##Global Cues
\nUS Markets Ended Strongly Higher<\/p>\n
Wall Street extended its rally overnight, supported by strong corporate earnings and easing oil prices.<\/p>\n
\u2022 Dow Jones: 54,085.88 (+1.71%)<\/p>\n
\u2022 S&P 500: 7,736.52 (+1.79%)<\/p>\n
\u2022 Nasdaq Composite: 26,584.99 (+2.59%)<\/p>\n
Crude Oil Falls Another 6%<\/p>\n
——>FII \/ DII Activity (04 August 2026)
\nCash Market<\/p>\n
\u2022 FII: +\u20b92,446.47 crore<\/p>\n
\u2022 DII: -\u20b9936.14 crore<\/p>\n
FII Derivatives<\/p>\n
\u2022 Index Futures: -\u20b9500.07 crore<\/p>\n
\u2022 Index Options: +\u20b918,345.33 crore<\/p>\n
\u2022 Stock Futures: -\u20b91,169.46 crore<\/p>\n
\u2022 Stock Options: +\u20b9267.05 crore<\/p>\n
The biggest takeaway is that FIIs continue to accumulate Indian equities in the cash market, while maintaining a constructive stance through index options.<\/p>\n
##Nifty Setup
\nImmediate Support: 24,300
\nMajor Resistance: 24,600<\/p>\n
The market has regained positive momentum, but 24,600 remains the next important hurdle from both a technical and psychological perspective.<\/p>\n
——->PCR Remains Comfortable<\/p>\n
Unlike previous sessions, Nifty PCR is currently around 0.8, suggesting that positioning is relatively balanced.<\/p>\n
@@Sectors in Focus
\nCrude Beneficiaries<\/p>\n
!INDIGO
\n!BANKBARODA
\n!HDFCBANK
\n!ASIANPAINT
\n!MARUTI
\n!HDFCBANK<\/p>\n
——–>Bottom Line<\/p>\n
The market continues to receive support from multiple global triggers.<\/p>\n
Falling crude oil prices, strong US markets and sustained FII buying are creating a favourable backdrop for Indian equities.<\/p>\n","protected":false},"template":"","article-category":[35],"article-tags":[],"class_list":["post-171019","article","type-article","status-publish","hentry","article-category-learn"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/171019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=171019"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=171019"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=171019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}