Oil Prices On Aug. 3: Brent crude futures sank more than 6% to $82.41 after U.S. President Donald Trump said talks with Iran will happen on Monday West Texas Intermediate futures for September delivery declined 4.5% to $80.89 per barrel.
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Oil Prices On Aug. 3: Brent crude futures sank more than 6% to $82.41 after U.S. President Donald Trump said talks with Iran will happen on Monday West Texas Intermediate futures for September delivery declined 4.5% to $80.89 per barrel.

Check out the top stock calls, upgrades, downgrades, and target price revisions from leading brokerages ahead of today's trade.

Experts recommend buying shares of Netweb Technologies, Bharti Airtel, Ashok Leyland, Bajaj Finance, and Bajaj Finserv with specified entry levels, target prices, and stop-loss limits to manage risk.

Silver 999 fine was at Rs 2,18,160 per kg at India level. Silver 925 sterling was at Rs 201,798 per kg. Notably, Silver prices have rallied 97.30% over the last one year. It was at Rs 110,570 per kg on August 3, 2025.

IndiGo and BEL shares will also be in focus on Monday.

Trump touted progress in the talks, including on reopening the Strait of Hormuz, a critical route for global oil shipments that has been at the centre of regional tensions in recent weeks.

The GIFT Nifty, an early indicator of Nifty 50's performance, traded at 24,489, compared to Friday's index close of 24,383.60.

Leaks suggest Apple's next-generation Pro iPhones could arrive with higher prices, upgraded hardware and storage options of up to 1TB.

Oil prices had rallied more than 1% in the previous session, with Brent settling at $90.12 a barrel and US WTI crude closing at $84.67.

Asian equities declined despite easing oil prices after Donald Trump called off planned strikes on Iran amid efforts to reach an agreement over the Strait of Hormuz.