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Dalal Street went into defensive mode on Tuesday. A day after a record closing-auction surge, the Nifty 50 and Sensex both ended in the red as traders trimmed risk ahead of weekly derivatives expiry and digested the impact of SEBI’s new settlement mechanism.

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Indian markets finished in the green on Friday, capping July with a second straight month of gains. The rally was less about domestic euphoria and more about global reallocation — money leaving crowded AI trades and landing in India.

Regular market timers on Dalal Street bore witness to an absolute masterclass in technical momentum on August 3, 2026. Unwinding weeks of macro anxiety, the benchmark NSE Nifty 50 posted an explosive 390.70-point surge, climbing 1.60% to settle at a powerful 24,774.30.

Investors seeking higher returns in the Indian stock market often look for indices that can outperform broader market benchmarks like the Nifty 50. Two such indices, Nifty Alpha 50 and Nifty 500 Momentum 50, offer strategies focused on alpha generation and momentum investing, potentially delivering superior long-term performance.

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