Sensex Falls 166 Points, Nifty Slips Below 24,600 After RBI Policy; Check Details

Last Updated:August 06, 2025, 15:56 IST

Stock Market Today: Among the top losers were Sun Pharma, Tech Mahindra, Infosys, HCL Tech, and Bajaj Finance, declining by up to 2.42%.

Sensex Today.

The domestic equities market on Wednesday remained volatile in a narrow range and ended the day in the red after opening slightly in green. The BSE Sensex fell by 166.26 points to close at 80,543.99, while the NSE Nifty fell by 75.35 points to trade at 24,574.2.

Among the 30 companies on Sensex, 19 stocks were trading in red. Among the top losers were Sun Pharma, Tech Mahindra, Infosys, HCL Tech, and Bajaj Finance, declining by up to 2.42%.

On the other hand, 11 stocks closed in green. Among the top gainers were Asian Paint, Mahindra & Mahindra, Bharat Electronics, Adani Ports, and State Bank of India (SBI), rising by up to 1.85%.

In the broader markets, the midcap and smallcap indices also fell by 1% and 1.14%, respectively.

Sector-wise, pharma saw the biggest hit after US President Donald Trump’s remarks to impose “substantial” tariffs. It was followed by IT (-1.74%), realty (-1.51%), media (-1.18%), FMCG (-0.90%), consumer durables (-0.85%), and auto (-0.53%).

Interest Rate-Sensitive Stocks

Interest rate-sensitive auto, realty and bank stocks on Wednesday declined 5 per cent after the Reserve Bank of India (RBI) kept its policy interest rate unchanged, as policymakers weighed the risks posed by US President Donald Trump’s trade policies.

The scrip of Bosch declined 5.76 per cent to trade at Rs 38,255, Hyundai Motor India fell 1.05 per cent to Rs 2,167.30, HeroMoto Corp depreciated 1.58 per cent to Rs 4,474.90, and Apollo Tyres diminished 1.08 per cent to Rs 435.10 on the NSE.

However, Bajaj Auto rose 0.11 per cent to trade at Rs 8,239.35 and Eicher Motors went up 0.03 per cent to Rs 5,681.80 per piece on the exchange.

The NSE Auto index declined 0.53 per cent to 23,748.85, while the NSE Realty Index fell by 1.51 per cent to 894.15.

Technical View

The NSE Nifty remained bearish throughout the day as the index stayed under selling pressure, holding below the 50-EMA 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,” said Rupak De, senior technical analyst at LKP Securities.

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

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