NSE Market Pulse — Sunday, 2 August 2026: Sector Trends, Top Performers & Macro Outlook
Weekly market pulse for Sunday, 2 August 2026: sector rotation analysis, top/bottom performing NSE sectors, commodity trends (Gold, Crude, Silver), and currency moves — AI-curated by QUANTSCASE.
Auto-generated — This post was published automatically from QUANTSCASE screener data and updates 3× daily on weekdays.
🤖 AI Market Analysis
Market Pulse – Sunday, 2 August 2026
Indian Equity Market Overview: The Nifty 50 and Sensex delivered robust weekly gains of +2.59% and +2.68% respectively, decisively outperforming most global peers. This strength comes despite a mixed global backdrop: while the S&P 500 (+1.05%) and Dow Jones (+1.04%) posted modest gains, major Asian indices struggled—the KOSPI (-1.42% weekly, -20.57% monthly) and Nikkei 225 (-0.39% weekly, -8.67% monthly) remain under severe pressure. The Hang Seng (+3.69% weekly, +12.27% monthly) and HSCE (+4.12% weekly) surged, indicating strong China-linked sentiment, yet the CSI 300 (-5.26% weekly) shows divergence. The VIX tumbling -13.94% weekly signals easing global fear, which likely aided risk appetite for Indian equities. Notably, India’s 1-month return of +0.86% (Nifty) versus the EM ETF’s -3.60% highlights relative resilience.
Sector Rotation: The standout theme is an aggressive rebound in Real Estate, with multiple sub-indices posting extraordinary weekly gains of +12.51%, +11.89%, +9.81%, and +9.05%. This suggests a sharp reversal from the 3-month weakness (-13% to -16%) in the space, likely driven by rate-cut expectations and strong demand. Financial Services (+8.98% weekly) also led, indicating a broader risk-on move into rate-sensitive and cyclical value areas. Interestingly, the “bottom” performers—Industrials (+6.09%) and Technology (+6.13% to +6.23%)—still posted strong positive weekly returns, meaning the market saw broad-based buying rather than narrow leadership. Sub-sector data reveals unusual strength in Utilities-Regulated Water (+36.24% weekly) and Grocery Stores (+27.79% weekly), suggesting defensive/staples names are also attracting speculative flows. The key theme is a rotation away from global tech (NASDAQ -2.56% monthly) into domestic cyclicals and financials.
Commodities & Currency: Crude oil prices corrected sharply this week—Brent -6.88% and WTI -5.20%—but remain at elevated 1-month levels (+25.92% and +23.46% respectively). This weekly pullback is a major positive for India’s import-heavy economy, potentially easing inflation concerns and benefiting OMC, paint, and aviation sectors. However, the 1-month surge in Heating Oil (+27.27%) warrants monitoring. The Indian Rupee appreciated +1.22% weekly against the USD, a significant move that supports importers and helps contain imported inflation. The US Dollar Index fell -1.65% weekly, with USD/JPY crashing -3.80%, reflecting global dollar weakness. Gold (+0.97% weekly) and Platinum (+4.10%) held steady. For NSE sectors, a stronger INR and softer crude are tailwinds for IT (though dollar revenue conversion is a minor negative), autos, and
📈 Indian Equity Indexes
Market-cap weighted returns across major NSE/BSE benchmarks.
| Index | 1W | 1M | 3M | 6M | 1Y |
|---|---|---|---|---|---|
| ACWI | +1.38% | +0.20% | +3.23% | +6.63% | +19.77% |
| AEX | +0.84% | +2.46% | +8.35% | +8.88% | +23.91% |
| Argentina | +0.23% | +5.43% | +15.94% | +6.39% | +63.71% |
| ASX 200 | +2.33% | +2.89% | +3.22% | +2.26% | +3.61% |
| Brazil | +2.27% | +3.02% | -4.10% | -3.62% | +34.11% |
| CAC 40 | +1.64% | +0.41% | +5.55% | +4.01% | +11.66% |
| Chile | +2.18% | +1.07% | -4.56% | -1.17% | -7.98% |
| CSI 300 | -5.26% | -8.16% | -3.33% | -5.18% | +14.14% |
| DAX | +2.11% | +0.19% | +5.03% | +3.35% | +9.41% |
| Developed | +1.31% | +0.37% | +2.65% | +5.29% | +24.53% |
| Dow Jones | +1.04% | +0.34% | +5.71% | +6.96% | +18.05% |
| EAFE | +2.10% | +2.48% | +3.19% | +3.83% | +19.34% |
| EM ETF | +1.20% | -3.60% | +0.16% | +6.04% | +31.22% |
| EM ETF2 | +1.64% | -0.79% | -0.31% | +1.93% | +17.36% |
| Euro Stoxx 50 | +1.23% | -0.04% | +8.10% | +7.91% | +19.12% |
| FTSE 100 | +1.23% | +2.02% | +4.86% | +6.31% | +19.84% |
| FTSE MIB | +0.72% | -0.49% | +7.44% | +13.41% | +27.29% |
| Hang Seng | +3.69% | +12.27% | -0.87% | -2.80% | +3.00% |
| HSCE | +4.12% | +13.13% | -2.20% | -5.51% | -5.11% |
| IBEX 35 | +1.01% | +0.56% | +11.97% | +9.21% | +37.31% |
| Israel | -2.45% | -0.13% | -5.61% | +2.09% | +49.52% |
| Jakarta | +0.64% | +8.56% | -12.53% | -30.96% | -12.13% |
| KOSPI | -1.42% | -20.57% | -0.69% | +32.17% | +106.88% |
| Malaysia | +1.40% | +3.80% | +0.17% | -1.10% | +12.75% |
| Mexico | +0.83% | -0.20% | -2.41% | -3.68% | +16.62% |
| NASDAQ | +1.59% | -2.56% | +1.93% | +7.13% | +20.09% |
| NIFTY 50 | +2.59% | +0.86% | +1.61% | -2.66% | -2.70% |
| Nikkei 225 | -0.39% | -8.67% | +7.42% | +21.70% | +61.30% |
| Russell 2000 | +0.05% | -2.70% | +4.69% | +10.42% | +31.31% |
| S&P 500 | +1.05% | +0.09% | +3.89% | +7.47% | +17.71% |
| Sensex | +2.68% | +0.76% | +1.54% | -4.22% | -4.98% |
| Shanghai | +0.47% | -4.88% | -6.70% | -6.91% | +8.97% |
| Shenzhen | -1.42% | -12.39% | -10.20% | -4.74% | +24.88% |
| Singapore | +0.72% | +7.88% | +14.57% | +14.65% | +34.85% |
| SMI | +0.13% | -0.05% | +9.21% | +9.11% | +20.40% |
| South Africa | +3.41% | -0.72% | -2.26% | -15.78% | +22.24% |
| Taiwan | -1.23% | -8.29% | +10.77% | +36.29% | +86.56% |
| Thailand | +1.08% | +3.41% | +8.77% | +30.70% | +47.66% |
| Turkey | -3.48% | -6.22% | -7.78% | +2.13% | +28.33% |
| VIX | -13.94% | -3.62% | -5.89% | -8.31% | -4.37% |
| World | +1.08% | -0.17% | +3.08% | +6.23% | +19.32% |
🏭 NSE Sector Performance
All sectors ranked by 1-week return (market-cap weighted). Green = gains, Red = losses.
| Sector | 1W | 1M | 3M | 6M | 1Y |
|---|---|---|---|---|---|
| Real Estate | +12.51% | +2.95% | -13.10% | -15.83% | -1.55% |
| Real Estate | +11.89% | +1.17% | -16.35% | -17.31% | -4.98% |
| Real Estate | +9.81% | +6.07% | -11.79% | -17.36% | -3.69% |
| Real Estate | +9.05% | +5.80% | +19.51% | -4.88% | -15.35% |
| Financial Services | +8.98% | +0.98% | -3.75% | -0.09% | +18.59% |
| Consumer Cyclical | +8.97% | +3.71% | -4.66% | -4.02% | +24.96% |
| Industrials | +8.91% | +3.17% | +3.73% | +1.20% | +30.69% |
| Utilities | +8.76% | +9.36% | +11.03% | +4.39% | +17.99% |
| Communication Services | +7.96% | +5.44% | -3.91% | -6.17% | +11.50% |
| Technology | +7.89% | +2.89% | -18.05% | -15.00% | -2.91% |
| Financial Services | +7.87% | +0.05% | -5.66% | -1.36% | +15.52% |
| Real Estate | +7.84% | -6.26% | -22.71% | -21.12% | -8.56% |
| Utilities | +7.83% | +8.40% | +12.48% | +4.75% | +17.15% |
| Industrials | +7.70% | +8.02% | +24.97% | +20.31% | +22.39% |
| Basic Materials | +7.59% | +3.49% | +2.36% | +6.13% | +31.25% |
| Utilities | +7.20% | +15.85% | +24.88% | +10.99% | +18.35% |
| Industrials | +7.03% | +6.75% | +5.14% | +1.05% | +27.04% |
| Utilities | +6.99% | +15.61% | +24.43% | +10.46% | +20.71% |
| Real Estate | +6.85% | +13.60% | +21.34% | +1.01% | -7.94% |
| Consumer Cyclical | +6.81% | +1.79% | -7.80% | -6.07% | +22.04% |
| Financial Services | +6.77% | +4.11% | +7.32% | -1.54% | +5.61% |
| Consumer Defensive | +6.71% | +10.71% | +3.49% | -5.17% | -1.40% |
| Utilities | +6.64% | +3.52% | +27.97% | +28.79% | +36.00% |
| Technology | +6.55% | +4.80% | -15.33% | -13.95% | -3.34% |
| Real Estate | +6.32% | -7.61% | -24.11% | -21.86% | -15.10% |
| Industrials | +6.28% | +14.14% | +16.58% | +6.61% | +26.03% |
| Real Estate | +6.25% | +4.96% | +15.67% | -4.62% | -16.74% |
| Technology | +6.23% | +11.64% | +5.86% | -7.32% | -7.19% |
| Technology | +6.13% | +5.69% | +8.44% | -12.01% | -9.40% |
| Industrials | +6.09% | +1.21% | -0.22% | -1.64% | +25.53% |
🔬 Top 10 Sub-Sectors This Week
Best performing industry groups within sectors by 1-week return.
| Sub-Sector / Industry | Sector | 1W | 1M | 3M |
|---|---|---|---|---|
| Utilities - Regulated Water | Utilities | +36.24% | +21.13% | +20.76% |
| Grocery Stores | Consumer Defensive | +27.79% | -6.79% | -15.09% |
| Grocery Stores | Consumer Defensive | +24.96% | +4.12% | -5.26% |
| Utilities - Regulated Water | Utilities | +23.00% | +36.69% | +35.18% |
| Grocery Stores | Consumer Defensive | +22.41% | +12.73% | -6.90% |
| Computer Hardware | Technology | +20.58% | +17.60% | +40.85% |
| Rental & Leasing Services | Industrials | +20.06% | +7.92% | -28.67% |
| Electronics & Computer Distribution | Technology | +20.01% | +19.82% | +67.65% |
| Oil & Gas Equipment & Services | Energy | +19.90% | +41.62% | +44.54% |
| Utilities - Regulated Water | Utilities | +19.84% | +12.64% | -33.56% |
🛢️ Commodities
Commodity returns — Gold, Silver, Crude Oil, Natural Gas and more. Prices in INR/USD.
| Commodity | 1W | 1M | 3M | 6M | 1Y |
|---|---|---|---|---|---|
| Brent Crude | -6.88% | +25.92% | -20.95% | +27.45% | +23.05% |
| Cocoa | +2.99% | +10.61% | +58.47% | +32.56% | -32.41% |
| Coffee | -0.08% | -3.31% | +4.20% | -9.25% | +6.87% |
| Copper | +2.30% | +5.59% | +9.10% | +4.70% | +16.08% |
| Corn | -0.05% | +10.21% | -0.16% | +7.72% | +18.44% |
| Cotton | +2.48% | +9.85% | +0.80% | +26.81% | +22.15% |
| Crude Oil WTI | -5.20% | +23.46% | -19.42% | +29.43% | +20.96% |
| Gasoline | -8.30% | +5.74% | -17.43% | +62.20% | +37.24% |
| Gold | +0.97% | +0.95% | -11.00% | -22.78% | +24.61% |
| Heating Oil | -2.04% | +27.27% | -1.04% | +58.41% | +69.34% |
| Natural Gas | -4.32% | -14.69% | -0.72% | -29.89% | -9.79% |
| Palladium | +2.78% | +5.66% | -16.05% | -35.95% | +2.09% |
| Platinum | +4.10% | +4.39% | -16.18% | -36.14% | +21.90% |
| Silver | -1.48% | -3.83% | -21.42% | -49.33% | +53.83% |
| Soybeans | -4.85% | +5.44% | +0.47% | +10.75% | +22.71% |
| Sugar | -0.81% | -2.27% | +0.48% | -0.34% | -10.94% |
| Wheat | -5.72% | +7.98% | +2.48% | +18.05% | +22.05% |
💱 Currency Pairs
Key currency pairs and how they shifted this week.
| Currency Pair | 1W | 1M | 3M |
|---|---|---|---|
| AUD/USD | +0.44% | +1.58% | -2.48% |
| EUR/USD | +1.32% | +1.31% | -1.41% |
| GBP/USD | +0.98% | +1.07% | -0.64% |
| US Dollar Index | -1.65% | -1.57% | +1.75% |
| USD/BRL | -0.15% | -2.82% | +2.99% |
| USD/CAD | -0.49% | -1.22% | +3.04% |
| USD/CHF | -1.16% | -0.22% | +2.99% |
| USD/CNY | -0.31% | -0.56% | -1.17% |
| USD/IDR | +0.18% | +1.14% | +3.45% |
| USD/INR | -1.22% | -0.14% | +0.22% |
| USD/JPY | -3.80% | -2.51% | -0.18% |
| USD/KRW | -1.47% | -6.84% | -2.53% |
| USD/MXN | -0.64% | -0.86% | -0.07% |
| USD/TRY | +0.33% | +1.67% | +5.03% |
| USD/ZAR | -0.99% | +1.72% | -0.20% |
Drill deeper — run live sector and screener analysis on QUANTSCASE
Disclaimer: This post is auto-generated for informational purposes only and does not constitute financial advice. Sector and macro data is market-cap weighted and reflects previous trading day closing prices. Past performance is not indicative of future results. Always conduct your own research.
