Archive · 3 Aug 2026
Indian Markets Rise Amid US-Iran Talks and RBI Meeting
Indian stocks went up on July 31, showing a good week for investors.
The Reserve Bank of India will meet on August 3 and is likely to keep its main interest rate the same.
President Donald Trump said he stopped a planned attack on Iran, which made oil prices fall.
Gold prices went up a little because people hope the Iran talks will help lower energy costs.
Many companies will report their earnings on August 3, which can affect the markets.
Sensex and Nifty 50 closed higher on July 31, extending a three‑day winning streak.
The RBI’s Monetary Policy Committee meets on August 3, with most economists expecting the repo rate to stay at 5.25%.
Donald Trump canceled a planned strike on Iran, causing Brent crude to drop 7.3% and WTI to fall below $81.
Gold prices edged up to about $4,070 an ounce after the US‑Iran talks.
More than 90 companies, including IREDA and SBI Funds Management, will report Q1 FY27 earnings on August 3.
- Who
- Indian investors, RBI officials, US President Donald Trump
- What
- Stock market gains, RBI policy meeting, oil and gold price moves, earnings season
- When
- July 31 for market close; August 3 for RBI meeting and earnings reports
- Where
- India, United States, Iran, global markets
- Why
- To gauge economic outlook amid geopolitical tensions and corporate earnings
- Sensex closing value
- 78,094.64
- Nifty 50 closing value
- 24,383.60
- RBI repo rate
- 5.25%
- Brent crude drop
- 7.3%
- Gold price
- $4,070 per ounce