Market Today: Sensex Starts Week On A Positive Note, Rises 226 Points In Morning; Nifty Above 24,650

Last Updated:August 04, 2025, 09:38 IST

The BSE Sensex rises 226.71 points to trade at 80,819.15 in the morning trade, while the NSE Nifty trades up by 83.25 points at 24,651.85.

Stock Market Today, August 4: The domestic markets on Monday started the week on a positive note, snapping a two-day falling trend. The BSE Sensex rose 226.71 points to trade at 80,819.15 in the morning trade, while the NSE Nifty was trading up by 83.25 points at 24,651.85.

In the broader market, the BSE Midcap Index was trading higher by 0.43% and the BSE Smallcap Index was up by 0.36%

Among the 30 shares on the Sensex, a total of 23 were trading in green. Among the top gainers were Tata Steel (1.63% up), Bharat Electronics (1.51%), Bajaj Finserv (1.11%), Asian Paint (1.09%), and Titan (1.03%).

However, seven companies were trading in red — Infosys (down 0.53%), HCL Tech (-0.35%), Tech Mahindra (-0.47%), Eternal (-0.20%), Sun Pharma (-0.13%) and Axis Bank (0.02%).

“In the near-term the market is in unchartered territory. A clear direction will emerge on news surrounding the US-India trade deal happening after the next round of trade negotiations. A deal with a tariff of 20% or below will be positive from the market perspective. If this doesn’t happen, and the 25% tariff remains, the market is likely to drift down since it will impact India’s growth and corporate earnings making it difficult to justify the current elevated valuations,” V K Vijayakumar, chief investment strategist at Geojit Investments Ltd.

From the global market perspective, indications are that a rate cut from the Fed in the September FOMC meeting is likely after the latest jobs report indicating declines in job additions in July and downward revisions in the jobs created in May and June. Clearly, the US economy is slowing down and the Fed is likely to respond with a rate cut in September. With the inflationary impact of the tariffs kicking in, a stagflationary scenario for the US cannot be ruled out. The market will respond to incoming data and evolving outlook, he added.

Technical View

With over 30% of Nifty 500 stocks closing below their respective lower bollinger bands, we are beginning to approach extremes from where a swing higher could be seen. However, if pullback attempts fail to clear 24,670, expect continued slippage towards 24450-24000, said Anand James, chief market strategist at Geojit Investments Ltd.

Asian Markets Today

Shares in Asia are mixed after Wall Street had its worst day since May following the release of weak US jobs data. Markets in Asia had already reacted on Friday to US President Donald Trump’s announcement of sweeping tariffs on imports from many US trading partners, posting moderate losses. The new import duties are set to take effect on Thursday.

Tokyo’s Nikkei 225 index lost 1.6%, bouncing back from bigger losses, to 40,134.97.

The Hang Seng in Hong Kong edged 0.2% higher, to 24,589.21, while the Shanghai Composite index was nearly unchanged at 3,562.18.

In South Korea, the Kospi surged 0.7% to 3,140.92.

Australia’s S&P/ASX 200 shed 0.2% to 8,643.00.

Investors’ worries about a weakening US economy deepened after the latest report on job growth in the US showed employers added just 73,000 jobs in July. That is sharply lower than economists expected. The Labor Department also reported that revisions shaved a stunning 258,000 jobs off May and June payrolls.

Q1 Results Today

Investors will monitor Q1 results scheduled to be released today by several major companies, including Shree Cements, Aurobindo Pharma, DLF, Siemens Energy, Bosch, Marico, Aditya Birla Capital, Godfrey Phillips India, Tata Investments Corporation, Escorts Kubota, Sona BLW Precision Forgings, Mindspace Business Parks REIT, OneSource Specialty, Triveni Turbine, Globus Spirits, Oswal Pumps, Sanofi Consumer Healthcare India, Ather Energy, Kansai Nerolac, Inox India, and Akzo Nobel India.

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

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