Weekly Review & Indian Stock Market Prediction (Aug 10th – 14th, 2026)

Indian equity markets logged their second consecutive positive week in the week of August 3–7, 2026, with the Nifty 50 gaining 187 points (+0.77% WoW) to close at 24,570 and the Sensex settling near 78,500 — a measured advance that belied significant mid-week volatility driven by the RBI’s policy announcement, the introduction of NSE’s new Closing Auction Session (CAS), and continued Iran-related crude oil swings. The week’s dominant story was the RBI’s August MPC decision to hold the repo rate at 5.25% with a neutral stance while upgrading FY27 GDP growth to 6.7% — a supportive-but-not-stimulative outcome that propelled PSU banks sharply higher and kept the overall market constructive.

Before the opening bell on Monday August 10, here’s the full breakdown and the Nifty prediction for August 10–14. Weekly Market Review.

Market Summary: Sensex & Nifty 50 Performance

Monday August 3 was the week’s best session. Nifty surged 391 points (+1.60%) to 24,774 and Bank Nifty gained 983 points (+1.72%) to 58,248 as sharp crude oil easing below $85, IT buying and broad-based participation lifted all sectors. Nifty IT outperformed with a +3.28% single-day gain — its best session in three weeks — led by TCS, Infosys and Axis Bank. IndiGo was the day’s standout gainer as aviation directly benefited from sub-$85 Brent. Tuesday August 4 saw profit-booking kick in: Nifty fell 159 points (−0.64%) to 24,615, Sensex lost 210 points (−0.27%) as investor caution built ahead of the RBI policy announcement and the new Closing Auction Session created intraday volatility. Notably, 15 of 16 major sectoral indices ended lower — only metals gained, led by Hindalco.

Wednesday August 5 was the RBI’s policy day. The MPC kept repo rate unchanged at 5.25%, upgraded FY27 GDP growth to 6.7% and cut CPI inflation forecast to 5%. Nifty closed near-flat (+0.04% to 24,625) with Nifty Realty and Auto gaining while banking dragged; India VIX eased to 12.01 (−3.12%) — a constructive signal. Thursday August 6 was dominated by PSU banking: Nifty PSU Bank surged 2.2% as the rate-pause benefited lending economics; SBI, BEL and Reliance led Nifty gainers while PowerGrid, Tata Steel and Bajaj Auto declined. FII flows were near-flat (−0.27 crore net sold) while DIIs bought a robust ₹4,013.60 crore. Friday August 7 closed flat: Nifty -0.27% to 24,570, Bank Nifty -0.55% to 57,746 with 9 of 24 sectors positive. TCS, Grasim and Hindalco were the day’s key result-driven movers. Week-on-week: Nifty +187 points (+0.77% WoW), second consecutive positive close.

Share Market Live News: The Big Macro Triggers This Week

1. RBI Holds Rates at 5.25% — GDP Up, Inflation Down, Stance Neutral

The week’s defining domestic event. The RBI’s MPC unanimously voted on August 5 to keep the repo rate at 5.25% and maintain a neutral stance. Governor Sanjay Malhotra cited “heightened global uncertainties” — particularly Iran-linked crude volatility, an uneven southwest monsoon under El Niño conditions, and global trade uncertainty — as reasons for holding before acting. Crucially, the RBI upgraded FY27 GDP growth to 6.7% from 6.6% and cut the CPI inflation forecast to 5% from 5.1%, projecting Q2 inflation at 4.7% vs. the prior 5.1%. The rate hold disappointed those expecting a cut, but the dovish macro revisions — higher growth + lower inflation — were positive for equity markets. PSU banks gained 2.2% on Thursday as the rate-hold supported lending margin stability.

2. IT Sector Leads Monday’s Rally — Recovery Arc Intact

Monday August 3 saw Nifty IT surge 3.28% — its best single-day performance since early July — as crude easing below $85 improved global risk sentiment and institutional money flowed back into beaten-down IT large-caps. TCS, Infosys (recovering from last week’s guidance-cut selloff) and Axis Bank led the session. The IT sector’s recovery is a three-week arc now: TechM Q1 beat, TCS sustained gains, Infosys oversold recovery, and now Monday’s broad IT surge confirm the sector has found its Q1 earnings floor.

3. NSE’s New Closing Auction Session (CAS) — Market Structure Change

A significant market-structure development effective August 3: NSE’s new Closing Auction Session (CAS) for F&O-eligible shares replaced the prior 3:30 PM closing mechanism. Under CAS, eligible stocks enter a separate auction window after regular trading, with equilibrium between buy and sell orders determining the official closing price. The mechanism caused intraday whipsaws and sharp late-session reversals across the week — most notably on Tuesday when Nifty rebounded 150 points in the final minutes. Market participants are still calibrating to CAS, creating tactical volatility that should normalise over the next few weeks.

4. Crude Oil Eases Below $85 — Iran Diplomacy Progress

Brent crude’s sustained pullback below $85/bbl — falling to $80.70 briefly on Wednesday before rebounding on a Saudi tanker attack — was the macro context that enabled Monday’s IT and aviation rally. Trump’s signals of diplomatic preference with Iran and progress in technical Hormuz transit talks kept crude in the $80–84 range for most of the week. At these levels, India’s CAD is manageable and the RBI’s neutral stance remains credible. Any spike back above $90 would reopen the bearish scenario for Indian equities.

5. SBI & PSU Banks Q1 Results — Public Sector Banking Re-rates

SBI reported Q1 FY27 results this week, emerging as a top Nifty gainer on August 6 and 7. Strong PSU bank Q1 earnings — PNB had surged on its three-fold profit jump earlier, and SBI’s results followed the constructive trend. The Nifty PSU Bank index’s 2.2% Thursday surge, which led all sectors, reflected the market’s re-rating of public sector banks as beneficiaries of the RBI’s rate pause (stable lending margins), government infrastructure capex (credit offtake) and improving asset quality. SBI’s +6.72% weekly gain confirmed the sector’s status as the week’s best institutional buy.

Top Nifty Gainers & Losers Last Week

Top Gainers (1-Week Performance)

• SHRIRAMFIN: +8.34% | ₹1,115.0 (−2.28% Friday) → Strong Q1 momentum, stable borrowing costs and strength in commercial vehicle financing supported the weekly rally.
• HINDALCO: +8.14% | ₹1,059.6 (+3.17% Friday) → Higher aluminium prices, improving global demand and strong buying interest drove the stock higher.
• SBIN: +6.72% | ₹1,097.2 (+1.12% Friday) → Strong Q1 performance, improving asset quality and healthy loan growth supported the weekly gains.

Top Losers (1-Week Performance)

• POWERGRID: −5.13% | ₹271.60 (+0.31% Friday) → Defensive utility stocks saw profit-booking as investors rotated toward cyclical sectors such as metals, PSU banks and IT.
• MAXHEALTH: −4.97% | ₹1,070.0 (−0.22% Friday) → Healthcare stocks weakened as fading geopolitical risks reduced demand for defensive sectors and shifted focus back to earnings-led opportunities.
• SUNPHARMA: −3.54% | ₹1,945.0 (−0.31% Friday) → Pharma remained under pressure as its defensive premium unwound, with upcoming Q1 results and US FDA updates likely to be the next key triggers.

Institutional Activity: FIIs vs. DIIs

Institutional flows remained strongly positive during the week. Foreign Institutional Investors (FIIs) were net buyers in three of the five trading sessions, recording cumulative inflows of approximately ₹2,887.69 crore. The strongest FII buying was witnessed on Tuesday at ₹2,446.47 crore, followed by Monday at ₹922.26 crore, while the highest selling was recorded on Wednesday with an outflow of ₹943.42 crore.

Domestic Institutional Investors (DIIs) provided even stronger support, registering total net inflows of around ₹7,767.37 crore. The highest DII buying was recorded on Thursday at ₹4,013.60 crore, followed by Wednesday at ₹2,883.17 crore, while they turned net sellers only on Tuesday with an outflow of ₹936.14 crore.

Overall, combined institutional inflows stood at approximately ₹10,655.06 crore, indicating healthy participation from both foreign and domestic investors, with DIIs providing the stronger support to Indian equities during the week.

Market Outlook & Nifty Prediction for Aug 10-14, 2026

The Nifty enters August 10–14 at 24,636, posting its second consecutive weekly gain and now trading comfortably above the 20-DMA (24,130) and 50-DMA (23,903). RSI at 58.7 sits in constructive territory. The 200-DMA at approximately 24,779 remains the key short-term hurdle — a sustained close above it would be the most significant technical development since February’s breakdown and would open the path toward 25,000–25,500. The broader market (Midcap, Smallcap) underperformed the headline index this week, which is a mild caution signal — recovery broadening to mid and small caps is needed for a sustained bull run.

Expected Nifty range: 24,300 – 25,000. Support: 24,400–24,500 (immediate), 24,200 (strong base). Resistance: 24,779 (200-DMA — the week’s primary target), 25,000 (psychological). A close above 24,800 would shift the medium-term bias decisively bullish. Bank Nifty: support 57,400, resistance 58,500–58,700.

Key week triggers: (1) M&M Q1 FY27 results — SUV volume growth and EV order book commentary will set the auto sector tone for the week; (2) Crude oil direction — any sustained hold below $80 would be a strong positive for the market; a spike above $88–90 on fresh Iran escalation resets bearish scenario; (3) Mphasis and LTMindtree Q1 FY27 results — mid-tier IT earnings will determine whether the IT recovery broadens or stays large-cap-only; (4) US CPI data — a softer-than-expected US inflation print would ease Fed hawkishness and support EM/India FII inflows; (5) India IIP data for June — industrial production recovery confirmation.

Strategy Tip: Buy dips in PSU Banks (CANBK, SBI) and IT (Mphasis, LTM) ahead of their Q1 results. Accumulate M&M ahead of results — clean set of numbers would make it the auto sector’s leading long for H2 FY27. Avoid defensive names (PowerGrid, Sun Pharma) until the geopolitical risk premium fully unwinds. Watch the 200-DMA at 24,779 closely — a decisive break above sets up the next 500–1,000 point move.

Stocks to Watch & Investment Opportunities

Five stocks across IT, PSU Bank and Auto with specific catalysts for the week ahead:

• MPHASIS — Q1 FY27 results expected; watch deal TCV, AI-led digital services momentum and management commentary on the FY27 pipeline.
• LTM (LTIMindtree) — Q1 FY27 results due; focus on revenue growth acceleration, BFSI demand and AI/data services momentum.
• M&M — Q1 FY27 results due; strong SUV demand, EV expansion and supportive financing conditions keep the outlook positive.
• BHARATFORG — Q1 FY27 results expected; watch defence orders, global CV recovery and the EV component pipeline.
• CANBK (Canara Bank) — Q1 FY27 results pending; loan growth, asset-quality improvement and stable NIMs remain the key triggers.

💡 Pro-Tip: Want a real-time technical analysis for these stocks? Ask LiMo, our AI co-pilot, for an instant buy/sell rating.

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