Both the Nifty and the Sensex began the trading day, week and month on a firm note on August 3, 2026. Investors cheered US President Donald Trump’s statement on negotiations with Iran “we’ll just see how it is. We’re ready to go any time we want. Would I rather make a deal? I’m not looking to kill people… we don’t want that.” The Nifty gained over 150 points, opened at 24,572.70, the Sensex jumped over 500 points and opened at 78,883.34. Crude oil prices declined over 4.5% and Brent Crude Oil prices traded below 84 dollars per barrel (at the time of filing this copy). The Indian rupee strengthened by 25 paise, opened at 95.14 to the dollar versus Friday close of 95.39 to the dollar.
in FII inflows had also boosted investor sentiment last week, G. Chokkalingam Head of Research at Equinomics Research told Times Now Digital, “return of FIIs to the Indian markets last week, significant improvement in sowing area under the kharif crop, over 13% fall in crude oil prices in the last one month and recovery in rupee exchange rate augur well for the domestic equity markets. We can expect markets to recover today and continue the rally this week.”
US President Donald Trump had earlier stated that negotiations with Iran are likely to be conducted via intermediaries and are set to begin today, i.e. Monday, August 3. Speaking to reporters aboard Air Force One, Donald Trump laid out where things currently stand. He said talks with Iran are taking the form of a negotiation, set to begin Monday afternoon, and that he’d genuinely like to see this succeed. He framed the stakes in human terms, saying a deal would save a lot of lives and avoid what he called a lot of