Market outlook for today (Tuesday, August 4, 2026)

TRENT

DRREDDY

Market outlook for today (Tuesday, August 4, 2026) Overall sentiment is cautiously bullish. Global markets Asian equities are trading mostly higher after a strong overnight session on Wall Street. Investor sentiment has improved as geopolitical tensions in the Middle East have eased somewhat. Oil prices remain below recent highs, which is supportive for equities, especially sectors sensitive to fuel costs. Reuters +1 Indian market outlook The Nifty and Sensex are expected to open with a positive bias. Key drivers today include: Strong Q1 corporate earnings. Softer crude oil prices. Positive global cues. Ongoing RBI monetary policy meeting, which traders will watch closely for interest-rate signals. The Economic Times +1 Sectors to watch 👍 Financials/Banks – supported by improving sentiment. 👍 Auto & Aviation – benefit from lower crude prices. 👍 Industrials & Capital Goods – backed by positive market momentum. ⚠️ Oil & Gas – may remain volatile as crude prices react to geopolitical developments. The Economic Times +1 Key risks today RBI policy commentary. Any fresh geopolitical headlines. Corporate earnings surprises. Global bond yields and expectations around future U.S. Federal Reserve policy. Reuters +1 Trading view Bias: Mildly bullish. Traders may prefer buying on dips rather than chasing sharp opening gains. Keep an eye on banking stocks, large-cap financials, and companies reporting earnings today.