Avinash Shekhar, Co-Founder & CEO, Pi42

"Bitcoin continues to hold the market's attention as it trades near the $64,000 mark, even as short term price action remains range bound and technical resistance persists. At the same time, renewed whale wallet activity has reminded participants that large on chain movements can influence sentiment, although they do not always signal an immediate directional shift. Ethereum, meanwhile, continues to witness strong network activity and ecosystem growth, but price performance has yet to fully reflect these fundamentals, highlighting the gap that can sometimes emerge between network adoption and market valuation. XRP is also consolidating after its recent move higher, with traders watching key technical levels for the next breakout. Overall, the market remains in a phase where conviction is being tested while investors wait for stronger catalysts."

"For investors, this is a time to stay disciplined rather than react to every headline or large wallet transaction. Market cycles often reward patience over impulsive decisions. A staggered investment approach, close monitoring of on chain and macro developments, and focusing on fundamentally strong digital assets can help navigate periods of consolidation. Short term volatility is part of the crypto market, but those who remain focused on long term adoption trends and maintain a balanced strategy are likely to be better positioned as the next phase of the market unfolds."

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As activity in the primary market picks up, investor interest in the upcoming IPO of Ardee Industries appears to be gaining traction ahead of the issue's opening on August 5. Several domestic brokerages have initiated coverage on the upcoming Ardee Industries IPO with a 'Subscribe' rating, citing the company's strong financial performance, attractive valuation, expanding manufacturing footprint and favourable industry outlook.

SBI Securities states that Ardee Industries' key positives include its strong positioning in India's circular economy through lead recycling, with products serving automotive, energy storage, e-mobility, telecom, data centres and industrial applications. The company has delivered robust FY24-FY26 growth, with revenue, EBITDA and PAT compounding at 58.8%, 129.0% and 207.5%, respectively. Revenue reached Rs 1,168 crore in FY26, while EBITDA margin improved from 6.1% to 12.6% and PAT margin from 1.9% to 7.3%. Returns are also strong, with FY26 RoE of 57.5% and RoCE of 41.5%. Capacity has expanded from 54,750 MTPA in FY24 to 156,950 MTPA by July 2026, providing headroom for further volume growth. Its Tirupati facility benefits from proximity to battery manufacturers and Chennai port, while exports increased to 39.8% of revenue in FY26. LME and MCX registrations strengthen price transparency and support hedging, while planned diversification into plastic granules, tin and copper recycling could reduce dependence on lead. SBI Securities also highlights comparatively attractive valuations versus listed peers and has recommended subscribing for the long term. At the upper price band of Rs 53, SBI Securities values the issue at 19.7 times post-issue FY26 earnings.

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Akshat Siddhant, Lead quant analyst, Mudrex

Bitcoin ended July with a gain of more than 7.3%, reversing two consecutive months of losses and signalling renewed resilience. US spot Bitcoin ETFs also returned to net inflows, attracting $172.4 million during the month. However, selling pressure toward the end of July has left investors cautious heading into August, which has historically been Bitcoin's weakest month with a median return of -6.99%. The Coinbase Premium Index has remained negative for a record 76 consecutive days, reflecting subdued US spot demand. Even so, whale wallets accumulated over 40,100 BTC during the same period. Bitcoin must reclaim $65,000 to strengthen sentiment, while the 200-week moving average near $62,800 remains critical support.

"BTC remained steady near $63K despite an estimated $88.6 million Coldcard wallet exploit, which renewed discussions around self-custody security. Ongoing geopolitical tensions between the US and Iran kept traders cautious. The price briefly moved toward $63.5K before consolidating, while buyers consistently defended the $63K range. A sustained move beyond $63.5K could strengthen momentum and support further gains, while $62.8K remains the next key support if volatility increases."

Vikram Subburaj, CEO, Giottus.com

Bitcoin traded near $63,125 on Monday, gaining about 0.3% over 24 hours, as falling oil prices eased some inflation concerns. However, weak institutional flows and subdued spot-market activity continued to limit the recovery. Immediate support lies around $62,900-$63,000, followed by $62,000. Resistance is visible near $63,700-$64,000, with the stronger $65,100-$66,700 region remaining the next major hurdle.

On-chain conditions continue to indicate cautious consolidation. Exchange liquidity has contracted and aggressive selling has moderated, while long-term holders have largely retained their Bitcoin. However, active addresses, transaction pressure and broader capital inflows remain subdued. Perpetual-futures buying has also weakened, while options markets are pricing the possibility of greater volatility ahead.

Institutional demand remained inconsistent during the final week of July. US spot Bitcoin ETFs recorded a $49.7 million outflow on July 28, followed by inflows of $32.1 million and $233.1 million over the next two sessions. A $265.4 million withdrawal on July 31 reversed most of that improvement. The week ending July 31 consequently produced a net outflow of approximately $61.5 million, showing that ETF demand is not yet providing reliable support.

Large-cap altcoins were modestly higher. Ethereum gained 0.64% to $1,866, BNB rose 1.28% to $584, XRP advanced 0.83% to $1.07, Solana added 0.41% to $72.92, and TRON increased 0.51% to $0.326. BNB led the group, but Bitcoin dominance near 58.5% indicates selective participation rather than a broad altcoin rally.

The macro backdrop has improved slightly after Brent crude fell more than 6% to $82.41 on hopes of US-Iran talks. Lower energy prices may ease pressure on the Federal Reserve, although futures pricing on Friday still indicated roughly a 64% probability of a September rate increase. This week's US manufacturing, job-openings and services data will lead into the August 7 employment report, where economists expect payroll growth of about 83,000.

Our advice: Investors should avoid chasing short-term gains. Staggered accumulation, limited leverage and disciplined position sizing remain preferable until Bitcoin clears $64,000 and ETF inflows become more consistent.

Nischal Shetty, founder, WazirX

"Crypto markets consolidated, with Bitcoin trading around $63,085 after a 0.66% dip and Ethereum near $1,863 following a 1.08% decline. US spot Bitcoin ETFs recorded $265.4 million in outflows on July 31, contributing to short-term caution. However, Ethereum ETFs attracted $365 million during July, reflecting sustained institutional interest despite daily price fluctuations.

XRP funds drew $27.29 million in July, extending their inflow streak to four months and taking cumulative inflows to approximately $1.5 billion. Tokenized stock and ETF trading reached a record $11.3 billion, highlighting the expanding use of blockchain-based market infrastructure. A Japanese firm and SBI also launched an $18.3 million fund focused on Bitcoin and major altcoins.

Bitcoin's daily moving averages place the recovery range between $63,700 and $64,300. Reclaiming this zone could strengthen momentum, while $63,000 remains the nearest support. Ethereum could find support near $1,850, with resistance around $1,880-$1,890. These levels may shape Futures positioning, while moves beyond $1,957 or below $1,775 could increase liquidation activity among leveraged positions."

Gaurav Udani, Founder - ThinCredBlu Securities 

"Nifty is expected to open sharply higher around 24,550, up nearly 170 points, supported by easing geopolitical tensions and a decline in crude oil prices, both of which have improved global risk sentiment.

The reduction in war-related concerns and softer crude prices are positive for India, as they ease inflationary pressure and improve the outlook for corporate earnings.

Technically, the index remains in a strong uptrend. 24,400-24,300 will act as the immediate support zone, while 24,700-24,800 is the next key resistance area. A decisive move above 24,800 could trigger fresh momentum and extend the rally towards higher levels.

The overall market structure remains bullish, and traders may consider a buy-on-dips strategy as long as Nifty continues to hold above the 24,300-24,400 support zone. Momentum remains with the bulls, and sustained buying could lead to a breakout above the immediate resistance."

Riya Sehgal, Research Analyst, Delta Exchange

Crypto markets remain under pressure, with Bitcoin near $63,000 and Ethereum lagging. High US Treasury yields, a firm dollar and tighter liquidity continue to cap risk appetite.

On the four-hour chart, Bitcoin remains below key moving averages. Resistance stands at $63,350-$63,450 and $63,700-$63,800. A close above $63,800 could open $64,000-$64,300. A break below $63,000 may expose $62,500-$62,600 and $62,200.

Ethereum faces resistance at $1,875-$1,885. Support lies at $1,850, $1,840 and $1,830. A move above $1,885 could target $1,900-$1,910.

Gold is holding better than crypto. Tokenised gold has support at $4,040-$4,045 and resistance at $4,065 and $4,080. Silver remains sensitive to the dollar, real yields and industrial demand.

US equity futures are stabilising, but Treasury yields remain the main cross-asset driver. Until yields soften, markets may stay range-bound.

Rajesh Palviya, Head of Research, Axis Direct

The Nifty 50 extended its upward momentum for a third consecutive session on Friday, closing 66.45 points higher at 24,383.60, up 0.27%, while registering its strongest weekly performance since April. The rally was led by robust June-quarter earnings from Bajaj Finance, Bajaj Finserv, and Mahindra & Mahindra, which propelled the financial and auto sectors higher, more than offsetting profit booking in IT and FMCG stocks.

Global markets offered a mixed backdrop. Wall Street ended July on a positive note, with the Nasdaq advancing 1.0% and the S&P 500 gaining 0.7%, supported by a sharp rally in Amazon following strong cloud revenue growth. However, a steep decline in Apple limited gains in the Dow Jones, reflecting selective investor positioning.

Asian markets have opened on a softer note after Friday's semiconductor-driven rally, suggesting a cautious start for regional equities. On the positive side, Brent crude has corrected nearly 4.5% to around $84 per barrel as concerns over supply disruptions through the Strait of Hormuz eased. The decline in oil prices is a constructive development for India, as it helps ease inflationary pressures, supports the rupee, and improves the macro outlook. Meanwhile, GIFT Nifty was indicating a mildly positive opening around the 24,565 mark.

Technically, the market continues to maintain a positive bias as long as the Nifty sustains above the 24,250 support zone. A decisive break below this level could trigger a pullback towards 24,100. On the upside, immediate resistance is placed near 24,550, followed by the 200-day moving average around 24,780. While subdued Asian cues may limit near-term gains, continued softness in crude oil prices remains a key supportive factor that could help the index gradually move towards the higher end of its trading range.

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At the close on Friday, the total market cap of all BSE Sensex companies stood at Rs 4,86,36,218.