Global markets open the week on cautious optimism after President Trump signaled a potential end to U.S.-Iran hostilities, with diplomatic talks possibly resuming in the near term. The geopolitical signal has buoyed risk sentiment, but the macro calendar threatens to complicate that mood. Upcoming economic data releases are expected to show a simultaneous deceleration in business activity and acceleration in consumer prices, a combination that narrows the Federal Reserve's room to maneuver. The Fed's next policy move stays under the microscope as the president's nominee for a senior Federal Reserve post faces a Congressional confirmation hearing this week, a process that could sharpen market expectations around the central bank's direction. On the corporate side, Tesla reports earnings and will be the most scrutinized U.S. company of the week, with investors looking for signals on margin trends and demand. Taken together, the week stacks geopolitical relief against stagflationary data risk and institutional uncertainty at the Fed.
The Indian government has launched an OFS to sell up to 6.5% of its LIC stake, opening for non-retail investors on August 4, 2026, at a floor price of Rs 382 per share, about 11% below Monday's close. The discounted offering is likely to pressure LIC shares in the near term as supply increases sharply.
More than a dozen major Indian companies including Bharti Airtel, ONGC, Pidilite, Nykaa, DLF, and Ather Energy report April-June 2026 earnings on August 4. Results span telecom, energy, consumer goods, real estate, and EV sectors, giving markets a broad read on corporate health mid-earnings season.
Amazon shares hit a new all-time high Monday, pushing its market cap above $3 trillion following a sustained post-earnings rally. The milestone places Amazon among the very few companies globally to reach this valuation, with investor focus on AWS and advertising growth driving the move.
Sensex Gains 500 Points as Oil Falls on Iran Talks
The Sensex rose around 500 points and the Nifty crossed 24,500 on Monday after Donald Trump announced talks with Iran, pushing oil prices lower. IndiGo, ITC, FMCG, and metals led the gains as cheaper crude eased cost and inflation concerns.
