Market Update

Domestic equities clocked healthy gains on Monday, 3 August, with the benchmark indices extending gains for the fourth consecutive session, supported by a sharp drop in crude oil prices amid hopes of a US-Iran peace deal. The Sensex ended the day 544 points, or 0.70%, higher at 78,639, while the Nifty 50 ended 391 points, or 1.60%, higher at 24,774.30. Broad-based rally lifted the mid and small-cap segments also; the Nifty Midcap 100 index jumped 1.21%, while the Smallcap 100 index rose by 1.29%. Investors earned about ₹4 lakh crore in a single session as the overall market capitalisation of BSE-listed firms rose to ₹490 lakh crore from nearly ₹486 lakh crore in the previous session.