Weekly Market Map - 1 August, 2026

Nifty gains 2.6% WoW on five straight positive sessions; FII turns net buyer, VIX plunges 16%

Week's Recap

• All 5 positive days during the week – though the overhang all week was crude and geopolitics. FII turned buyers for this week

• Auto and Financial Services led the Friday rally, with Nifty Midcap and Smallcap both up 0.44% — broad-based participation into the close.

• India's IIP rose 7.3% YoY in June 2026, a 23-month high – solid but base aided as June'25 was very soft

• The FOMC voted 9-3 to keep the funds rate at 3.50–3.75% — the fifth straight hold — with three regional presidents dissenting in favour of a rate hike on above-target inflation

• Crude oil eased off its highs, giving some relief to the rupee and FII sentiment after weeks of pressure from the US-Iran conflict

• US Big Tech Earnings: Microsoft: Blowout. Azure growth at 43%, Capex $41B (below estimates), stock jumped ~9%. Meta: mixed and sold off. Revenue beat but EPS printed lower & raised 2026 capex floor to $130–145B. Shares fell more than 7%. Apple: beat & ahead of estimates, on strong iPhone sales.  Amazon: beat, cloud reaccelerating. AWS grew 37% YoY with the AI & chips units each past a $25B run rate. Alphabet had rattled sentiment the prior week by lifting 2026 capex guidance

Next Week Ahead

• Nifty support 24,000–24,100 (risk of 23,600 retest); resistance 24,500–24,600.

• RBI MPC (Aug 5) — consensus hold at 5.25%, neutral stance, 4th straight pause.

• Q1 FY27 earnings tail — PSU, pharma, auto, consumer names.

• Manipal Health IPO (₹9,275 Cr) — India's largest healthcare listing, sentiment gauge.

• Crude/US-Iran conflict — key swing factor for rupee, inflation, FII flows.

• New CAS timings from Aug 3 — F&O stocks stop at 3:15 PM.

Broad-based rally lifts all indices; Quality and Low Volatility factors lead the 1-month gains

IT and Auto lead this week's sector rally; IT surges 16.8% over the past month

Sector Rotation: Auto, IT, Healthcare and Consumption stay in "Leading" quadrant

RRG — RS-Ratio vs RS-Momentum · Benchmark: Nifty 500 · As of 2026-07-31

Macro: Brent slides 9% to below $90, rupee at 95 to USD, India VIX down 16% as volatility eases

US 10-year touches 4.7%; Japan 10-year stays elevated around 2.8%

Q1FY27 Results: Overall 18% revenue/21% EBITDA growth YoY;

Banks, NBFCs, Chemical, Consumer Durables, Realty , Pharma & Auto comps post over 25% operating profit growth

Key Themes from the Earnings Season

• Financials largely continued to outperform, with healthy credit growth, improving asset quality and stable margins.

• One of the notable earnings surprises came from Bajaj Finance

• Capital goods and industrials generally maintained strong order books despite some moderation in execution

• Chemical stocks delivered strong numbers, benefiting from inventory/lower RM costs

• Auto and Auto ancillaries delivered strong numbers

• Consumption remained mixed — premium stayed resilient, mass FMCG recovery gradual

• IT commentary continued to focus on AI-led spending and cost optimization projects

Stocks Showing Positive Quant Signals

Week of 27 July – 31 July • Native Quant Score
67 Total stocks flagged across all market caps this week - NOT INVESTMENT ADVICE
Historical reference for Stocks with Positive Quant Signal: for stocks entered in Apr-June 2026 period: +34.50% returns Average Annualized Returns (Avg Holding period of 34 Days )

Top 15 Performing ETFs