Monday's Indian market session (August 3, 2026) $GAIL $TMPV

Monday's Indian market session (August 3, 2026), the overall outlook appears cautiously positive with elevated volatility. Key factors to watch RBI Monetary Policy meeting: Markets will position ahead of the RBI decision later this week. The expectation is for the RBI to keep rates unchanged, but commentary on inflation and growth will be closely scrutinized. Reuters +1 Corporate earnings: Ongoing Q1 earnings will continue to drive stock-specific moves, especially in banking, IT, FMCG, and industrials. The Times of India +1 Global cues: Crude oil prices, geopolitical developments, and overseas market performance remain important risk factors. The Times of India +1 FII/DII flows: Foreign institutional investor activity will be watched after last week's rebound. The Economic Times Nifty view Technical analysts broadly expect: Bias: Sideways to mildly bullish. Support: Around 24,100–24,000. Resistance: Around 24,600–25,000. Choice India +1 Sectors that may stay in focus Banking & Financials – RBI policy expectations. IT – Global technology sentiment. FMCG – Earnings reactions. Oil & Gas – Movement in crude prices. Capital Goods/Infrastructure – Continued interest if broader market remains positive. The Times of India +1 Trading strategy Intraday traders: Expect volatility around key support/resistance levels; avoid chasing sharp gap-ups. Swing traders: Favor stocks showing strong earnings and relative strength over broad index bets. Long-term investors: Macro fundamentals remain constructive, but near-term volatility around the RBI event is likely.