On 4 August, expectations of easing US-Iran tensions lifted international gold by $61 to $4,151 per ounce, while silver rose $2.35 to $60.24. A pullback in oil prices reduced inflation worries, pushing the implied probability of a September Federal Reserve rate hike down to 57%. Investors are awaiting the ADP employment report and the nonfarm payrolls data to assess the Fed’s policy path.

India’s four biggest listed developers—DLF, Godrej Properties, Prestige Estates and Lodha—recorded combined sales bookings of ₹1.05 trillion in FY26 and are targeting ₹1.19 trillion in FY27. Godrej Properties reported a 42% year-on-year drop in quarterly net profit to ₹350 crore as revenue recognition declined, even as presales remained strong. The company added three projects that it expects to deliver ₹9,500 crore in booking value, underscoring continued demand and a rising tilt toward larger branded builders.

Dhaval Packaging’s IPO allotment is scheduled to be finalised on 4 August, with listing expected on 6 August on the BSE SME platform. The issue was subscribed more than 50 times by the close of bidding, including 40.36 times in the retail category and 75.35 times in the NII segment. The IPO price is ₹97 per share and the grey market premium (GMP) is +8, implying an estimated listing price of ₹105, an 8.25% premium to the issue price.

Marriott International said global revenue per available room (RevPAR) rose 3.4% year on year in the second quarter, including a 5% increase in the U.S. and Canada driven mainly by higher average daily rates. International RevPAR slipped 0.5%, with the Middle East down 43% amid conflict and dragging EMEA RevPAR to a decline of more than 5%. Operating income came in at $1.229 billion, slightly below a year earlier. The results underscore an improvement in core operating metrics for the hotel sector.

Eternal (Zomato, symbol ONUS) reported Q1 FY27 net profit of ₹92 crore, up 268% year on year, on revenue of ₹20,211 crore, up 182%. The stock gained 1.69% to ₹303.50 on the NSE after the results. Swiggy (SUS) also posted marginal gains, with the shares at ₹286.40. Both are Indian quick-commerce platform stocks.

Propshop Events and Exhibitions listed on the NSE SME on August 3, 2026, after pricing its IPO at ₹69 per share. The stock opened at ₹55.20, a 20% discount to the issue price, leaving allottees sitting on an immediate loss. The IPO, open from July 27 to July 29, 2026, was subscribed 1.53 times overall, with a grey market premium of ₹0.

Meta has trimmed its outsourcing engagement with Wipro, reducing the IT services firm’s annual revenue by about $25 million. In fiscal year 2026, Wipro generated about $100 million in annual revenue from Meta, placing the social media company among its top 20 clients. Wipro ended last year with $10.5 billion in revenue, down 0.3% year on year. The company has also lost up to $100 million in annual revenue after Estée Lauder shifted work to Accenture, according to a Mint report dated 3 March.

Blackstone Mortgage Trust (BXMT) slid after its second-quarter results as executives warned that about $1 billion of loans are facing increased pressure, and that third-quarter distributable earnings will be hit by loan impairments. The stock fell as much as 14% over two days to $14.11, its lowest since the early days of the pandemic. Management said watch-list loans account for about 5% of total investments and that the trust has cut office exposure to 21%.

Maruti Suzuki reported its first-quarter results for fiscal 2024, with net profit down 9% year on year as pressure on gross margins outweighed revenue growth. As India’s largest automaker, its quarterly performance is closely watched for signals on sentiment across domestic auto stocks and the broader market.