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Trump’s Tariff Salvo & RBI Policy To Steer Nifty’s Path Today| Opening Bell Live

Markets ended the day with minor cuts, trimming deeper losses in the final hour of trade. The Nifty slipped below the 24,700 mark, weighed down by heavyweights like Reliance Industries and banking majors ICICI and HDFC Bank. Financials led the drag, while broader markets also remained under pressure with the Nifty Midcap index slipping 0.4%. On the other hand, auto stocks continued their upward momentum, buoyed by expectations of festive pre-buying. Investors now turn their focus to the RBI policy decision due later today, with a broad consensus expecting a status quo. Meanwhile, Q1 earnings from Bajaj Auto, Hero MotoCorp, Trent, and BHEL are also on the radar. Catch Lovisha Darad in conversation with Nilesh Jain, Head VP- Derivative and Technical Research, Centrum Broking and Devarsh Vakil, Head of Prime Research at HDFC Securities.

first published: Aug 6, 2025 09:01 am

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