EQUITY MARKET (04th Aug 2026)

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment: 03th Aug 2026

As of 10:07 (IST)

NSE ADVANCE/DECLINE:

As of 10:08 (IST)

NIFTY INDEX DAILY REPORT

Nifty 50 retreated sharply dropping 159 points to finish at 24,614.90 as investors locked in profits following the previous session’s surge. This pullback was largely driven by cautious positioning ahead of the Reserve Bank of India’s upcoming rate announcement, which triggered broad-based liquidations in rate-sensitive banking, financial, and IT majors over inflation concerns. Downward pressure increased from a slump in LIC shares which was triggered by the government’s announcement of a discounted 6.5% stake sale through an Offer for Sale, alongside a slight firming of global crude oil prices that rekindled worries about import costs.

Bank Nifty faced a downturn, shedding 0.58% and hitting a daily low of 57,351.65 as traders turned risk-averse in anticipation of the RBI’s interest rate decision due on 5th August. This retreat was majorly driven by widespread profit-taking among key private and public banking majors, for example HDFC Bank, ICICI Bank, SBI, in the middle of anxiety that central bankers might strike a firmer, inflation-focused stance even if policy rates remain untouched. Although PSU names like Canara Bank and PNB managed to stay relatively firm, the broader banking space was dominated by cautious unwinding of positions ahead of the monetary announcement.

The Nifty Realty index plunged by 2.39% to settle near 891.20, as investors booked profit after a brief two-day rebound. Opening the day at 906.50, the real estate benchmark slid steadily, bottoming out to touch an intraday low of 890.75. This selling in sector was influenced by defensive position-reducing ahead of the RBI’s upcoming monetary policy statement, with rate-sensitive property of stocks causing growing inflation anxiety and potential central bank hawkishness. Industry like DLF, Oberoi Realty, and Prestige Estates led the decline in index, underlining a broad shift toward risk aversion across rate-sensitive counters.

Nifty Auto index edged lower, dropped by -0.44% to settle at 29,041.30. Opening slightly below its prior close of 29,168.95 at 29,082.45, the sector index briefly touched an intraday high of 29,107.20 before encountering persistent selling pressure that pulled it to a low of 28,893.15. The sluggishness came as market participants engaged in profit-taking following Monday’s crude-oil-led rally, coupled with a cautious posture ahead of the Reserve Bank of India’s monetary policy announcement.

NIFTY DAILY CHART

The Nifty50 couldn’t sustain the momentum and plunged to settle the day at 24,463.45, down by 1.25% on a daily basis. Index has touched the upper band of the bollinger band and plunged from the said level, and it may slip to 24,250,  But if index sustains the 24,350 level, then it can reclaim the level of 24,500.

Post Market Update:

Equity Market Technical Analysis Snapshot: Aug 04^th, 2026

NIFTY50:

Nifty 50 declined 0.64%, opening with a gap-down around 24,703.90. After the opening, the index faced selling pressure and drifted lower throughout the session, touching an intraday low of 24,427.95 before recovering slightly. Due to the new settlement process, Nifty settled around 24,614.90. Despite the decline, the index continues to trade above its 11-DMA and 30-DMA, but remains below the 200-DMA, indicating that the broader trend is still under recovery while the short-term outlook remains sideways to bullish. The RSI at 61.77 reflects healthy momentum despite the pullback. Immediate resistance is placed at 24,800 and 25,000, while key support lies at 24,450 and 24,300. Holding above the 24,450 support zone could keep the bullish structure intact, whereas a decisive move above 24,800 may trigger fresh upside momentum. 

BANKNIFTY:

Bank Nifty slipped 0.58%, opening gap-down at 58,068.95. The index witnessed sustained selling pressure throughout the session, falling to an intraday low of 57,352.65, almost exactly at the 57,350 support level highlighted previously, before recovering into the close. Owing to the new settlement process, it settled at 57,907.20. The index continues to trade above its 11-DMA, 30-DMA, and 200-DMA, keeping the broader trend sideways to bullish. The RSI at 55.25 suggests that momentum remains positive, although it has moderated after the recent correction. Immediate resistance is seen at 58,300 and 58,800, while support is placed at 57,500 and 57,350. A sustained hold above 57,500 could attract buying interest, whereas a breakout above 58,300 would strengthen the bullish outlook. 

NIFTY MID SELECT:

Nifty Mid Select eased 0.18%, opening at 14,906.40, close to the anticipated resistance zone of 14,900. The index faced selling pressure immediately after the open, slipping to an intraday low of 14,790 before recovering. Following the new settlement process, it settled at 14,871.00. The index continues to trade comfortably above its 11-DMA, 30-DMA, and 200-DMA, maintaining its overall bullish trend. The RSI at 60.18 indicates that momentum remains constructive. Immediate resistance is placed at 14,900 and 15,000, while support is seen at 14,840 and 14,730. A sustained breakout above 14,900 could resume the uptrend, while holding above 14,840 will be important to preserve the current bullish structure. 

NIFTY METAL:

Nifty Metal gained 0.90%, opening at 12,914.20 and witnessing strong buying interest during the early part of the session. The index rallied to an intraday high of 13,041.15 before entering a sideways consolidation phase and eventually settled at 13,031.35. The index continues to trade above its 11-DMA, 30-DMA, and 200-DMA, confirming a bullish trend across all major timeframes. The RSI at 63.06 indicates strengthening momentum without entering the overbought zone. Immediate support is placed at 12,900 and 12,800, while resistance is seen at 13,100 and 13,250. A decisive move above 13,100 could extend the rally toward 13,250, while the support zone around 12,900 is likely to provide a cushion against any short-term profit booking.  

Pivot Table:

FII/FPI & DII trading activity on NSE, BSE and MSEI in Capital Market Segment: 04th Aug 2026

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