Archive · 3 Aug 2026
RBI Policy, Earnings Propel Indian Markets Higher in Week
The Indian stock market did a good job this week.
The big market indexes, called the Sensex and Nifty, went up a lot.
Lots of foreign investors bought shares, which helped the market.
The RBI, which is like India’s bank, will say what it plans to do with interest rates next week.
The rupee, which is India’s money, got stronger against the US dollar.
Oil prices went up, which could make things more expensive.
All of this made the market feel hopeful.
Sensex rose 2.67% to 78,094.64, Nifty up 2.59% to 24,383.60 during the week ended.
FIIs bought Rs5,949.96 crore, ending a two‑week selling streak; DIIs added Rs5,387.66 crore.
RBI will announce the MPC outcome on Aug 5; market expects the repo rate to stay at 5.25%.
Rupee gained 118 paise to 95.39/$, ending a five‑week decline.
Crude oil prices hit biggest July gains since March, raising inflation concerns.
- Who
- Indian equity market participants, FIIs, DIIs, RBI
- What
- Markets rose, RBI to announce MPC outcome, rupee strengthened, oil prices up
- When
- Week ended August 5, 2024
- Where
- India, Indian stock markets (Sensex, Nifty), rupee vs USD
- Why
- Strong earnings, FII buying, improved monsoon spread, rupee recovery, expectations of unchanged repo rate
- Sensex closing level
- 78,094.64
- Nifty closing level
- 24,383.60
- Rupee exchange rate
- 95.39 per USD
- RBI repo rate expectation
- 5.25%
- Crude oil price trend
- Biggest July gains since March