Morning Bell 5th August 2026 by Bajaj Broking Ltd
Market Commentary
Indian benchmark indices ended lower on 4 August, snapping a four -session winning streak as investors booked profits amid the weekly derivatives expiry . Market sentiment remained cautious ahead of the Reserve Bank of India's monetary policy decision scheduled for Wednesday . Despite the weakness in the benchmark indices, the Nifty Small cap 100 continued to outperform and touched a fresh all-time high, reflecting sustained buying interest in the broader market .
* At close, the Sensex declined 210 points or 0 .27% to settle at 78 ,428 .95 , while the Nifty 50 fell 159 .40 points or 0 .64 % to close at 24 ,614 .90 .
* On the sectoral front, performance remained broadly negative . Nifty Realty emerged as the biggest laggard, declining 2.4%, followed by Oil & Gas (- 1.1%). On the positive side, Nifty Media outperformed the broader market, gaining 2.0%, followed by Nifty Metal, which advanced 0 .9%.
* The broader market delivered a mixed performance . The Nifty Midcap 100 index declined 0 .29 %, while the Nifty Small cap 100 index gained 0 .23 %, extending its outperformance and touching a fresh record high, following the Nifty Midcap 100 which had hit a fresh high on Monday's session .
* Gift Nifty signals a positive opening for the Indian market amid firm global cues and decline in crude oil prices . Nifty spot in today's session is likely to trade in the range of 24 ,450 - 24 ,900 .
Global Updates
* Wall Street posted an explosive record -setting session on Tuesday, August 4 , 2026 , driven by AI corporate earnings growth and lower energy input costs .
* U.S . CENTCOM confirmed that over 1,000 commercial vessels have successfully transited the southern Strait of Hormuz route over the past three months . Meanwhile, U.S . Treasury Secretary Scott Bessent signaled that a formal agreement with Iran to keep commercial shipping routes open could be finalized as early as today, Wednesday, August 5.
* Asian regional benchmarks are staging a powerful rally on Wednesday morning, led by aggressive buying in North Asian tech heavyweights :S&P/ASX 200 (Australia / XJO) : +58 .10 pts (+ 0 .64 %)Nikkei 225 (Japan) : +1,940 .73 pts (+ 3.03 %)KOSPI (South Korea) : +289 .29 pts (+ 4 .55 %)
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