Taking Stock: Market extends fall on policy day; Nifty below 24,600, Sensex slips 166 pts

Market Today

Indian benchmark indices ended lower on second consecutive session on August 6 amid volatility after Reserve Bank of India (RBI) delivered on expected line, keeping key interest rates unchanged with 'neutral' stance.

Also Read - RBI MPC highlights: RBI keeps repo rate unchanged, retains FY26 GDP growth forecast at 6.5%

At close, the Sensex was down 166.26 points or 0.21 percent at 80,543.99, and the Nifty was down 75.35 points or 0.31 percent at 24,574.20. The BSE midcap and smallcap indices were down 1 percent each.

Also Read: SBI Q1 Preview: Rate pass through, margin squeeze likely to cap growth

Biggest Nifty losers were Wipro, Sun Pharma, Jio Financial, IndusInd Bank, Tech Mahindra, while gainers included Asian Paints, HDFC Life, Trent, Adani Ports and Bharat Electronics.

Except PSU Bank (up 0.6 percent), all other sectoral indices ended in the red with Information Technology, Media, Realty, Pharma, FMCG down 1-2 percent.

Read More: CPI inflation to rise above RBI’s medium-term target in Q4

In stock-specific action, Divis Lab shares slipped 4 percent despite Q1 profit jumped 27%, CCL Products shares shed 5 percent as profit increases marginally, Raymond Realty share price declined 9 percent even Q1 consolidated profit surged 121%, Sheela Foam shares fell 3 percent after Q1 consolidated profit shed 84%.

Index	Prices	Change	Change%
Sensex	84,562.78	84.11	+0.10%
Nifty 50	25,910.05	30.90	+0.12%
Nifty Bank	58,517.55	135.60	+0.23%

Nifty 50 25,910.05 30.90 (0.12%)

Fri, Nov 14, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Eternal	303.75	6.00	+2.02%

Biggest Loser	Prices	Change	Change%
Infosys	1,502.80	-39.00	-2.53%

Best Sector	Prices	Change	Change%
Nifty PSU Bank	8399.90	96.85	+1.17%

Worst Sector	Prices	Change	Change%
Nifty IT	36301.30	-378.10	-1.03%

Godawari Power and Ispat share price shed 5 percent post Q1 consolidated profit declined 24%, Bharti Hexacom share price declined nearly 3 percent after Q1 profit decreases 23%, Britannia Industries shares fell 4.5 percent despite Q1 consolidated profit, revenue increase marginally.

More than 100 stocks touched their 52-week highs on the BSE, including Godfrey Phillips, Sarda Energy, Authum Investment, Nuvoco Vistas, Vishal Mega Mart, Delhivery, TVS Motor, Fortis Healthcare, Schneider Infra, among others. Click to View More

New Listings

NSDL shares closed with 6 percent gain at Rs 936 after making listing at a premium of 10 percent over its issue price.

Sri Lotus Developers shares rose 10 percent to close at Rs 196.85 after making a healthy stock market debut with a premium of nearly 19 percent over it's issue price.

M&B Engineering shares ended with 6 percent after listing flat at the issue price.

Outlook for August 7

Rupak De, Senior Technical Analyst at LKP Securities

Nifty remained bearish throughout the day as the index stayed under selling pressure, holding below the 50EMA throughout the session. The RSI continued to display a bearish crossover on both the daily and hourly charts. In addition, a lower-top, lower-bottom formation has developed on the hourly chart, indicating a weakening trend. The index is likely to remain a “sell on rise” as long as it stays below 24,850.

In the short term, the index may trend downwards towards 24,400, which is expected to act as a crucial support level on a sustained or closing basis. If Nifty sustains below 24,400, it is likely to witness a more serious correction.

Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities

The choppy movement continued in the market on Wednesday and the RBI's mid quarter policy outcome has failed to lift the sentiment in the market, as Nifty closed the day lower by 75 points. After opening with a flat note, the market slipped into sharp weakness in the early part of the session. There was a minor recovery in the mid part and the market finally closed near the lows.

A small negative candle was formed on the daily chart which indicates a narrow range movement in Nifty over the last few sessions near the crucial support of 24500 levels. This is not a good sign and suggests that the said support could eventually be broken decisively on the downside in the near term.

The underlying trend of Nifty continues to be weak amidst choppy movement. A sharp breakdown of the support of 24500 could trigger quick decline down to the next support of 24200 levels (200day EMA). Immediate resistance placed at 24800.

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