Stock Market Today, August 3: Nifty Soars 1.6%, Bank Nifty Hits Fresh High as IT and Financial Stocks Lead Rally

Generic user silhouette icon Varda Khade - 0 min read

Last Updated: 3rd August 2026 - 05:01 pm

Indian equity markets ended sharply higher, with the Nifty 50 climbing 1.60% and the Sensex gaining 0.70%, supported by strong buying in banking, IT, and diversified stocks. Grasim, TCS, InterGlobe Aviation, Infosys, and Shriram Finance led the rally, while healthcare stocks lagged. Global cues remained mixed, with European markets advancing despite weakness in parts of Asia. Meanwhile, U.S. markets closed higher in the previous session, boosting overall investor sentiment.

Stock Market Highlights, August 3

  • Domestic Indices Extend Gains: Indian benchmarks ended firmly higher, with the Nifty 50 rising 1.60% to 24,774.30 and the Sensex gaining 0.70% to 78,639.03. Banking and IT stocks led the rally, with Grasim surging 5.13%, followed by TCS, InterGlobe Aviation, Infosys, and Shriram Finance.

  • Global Cues Mixed: Asian markets ended mixed, with Hang Seng gaining 0.48%, while Nikkei and Shanghai Composite closed lower. European markets traded strongly higher at mid-session, led by the DAX's 1.45% rise, followed by CAC 40 and STOXX 50, while FTSE 100 posted modest gains.

  • Wall Street Recap: In the previous session, U.S. markets ended higher, with the NASDAQ gaining 1.00%, the S&P 500 advancing 0.70%, and the Dow Jones rising 0.53%. Technology stocks outperformed, supporting broader market sentiment ahead of key economic data and corporate earnings.

Stay informed with our in-depth look at what’s driving the stock market tomorrow.

Top Gainers

Company Gain
Grasim 5.13%
TCS 4.57%
EInterglobe Avi 4.43%
Infosys 4.42%
Shriram Finance 4.16%

Top Losers

Company Gain
Apollo Hospital -1.53%
Sun Pharma -1.36%
Maruti Suzuki -0.59%
ONGC -0.22%
Tech Mahindra     -0.14%

Indian Market Cues

Index Value Change (%)
Gift Nifty 24,644.50 -0.08%
Nifty 50 24,774.30 1.60%
Nifty Bank 58,247.95 1.72%
SENSEX 78,639.03 0.70%

India VIX

Volatility Index Value Change (%)
India VIX 11.925 1.40%

Asian Markets 

Index Value Change (%)
Nikkei 63,754 -094%
Hang Seng 26,009 0.48%
Shanghai Composite 4,428 -0.57%

European Market Mid-Session Update

Index Value Change (%)
FTSE 100 10,882 0.14%
DAX 26,000 1.45%
CAC 40 8,615 1.24%
STOXX 50 6,420 0.99%

U.S. Markets Live Today

Index Value Change (%)
Dow Jones 52,485 0.53%
NASDAQ 25,373 1.00%
S&P 500 7,489 0.70%


*As of 15:45 IST

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.

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