Nifty, Sensex set for strong opening on August 3
Indian stocks are set for a strong opening on August 3, with the Gift Nifty indicating a gain of over 150 points, driven by softer crude oil prices and stable global markets. Analysts note that foreign portfolio investors are returning as buyers, which is expected to stabilize and consolidate the markets ahead of the Reserve Bank of India's monetary policy announcement later this week. The revival of monsoon in parts of India further supports positive investor sentiment amid easing geopolitical tensions and a decline in crude oil prices.