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Indian Stock Market Dips: Sensex Down 100 Points, Nifty Below 24,600 Amidst Global Uncertainty

Indian Stock Market Dips: Sensex Down 100 Points, Nifty Below 24,600 Amidst Global Uncertainty

Sensex closed down 100 points near 80,610, while Nifty closed below 24,600 at 24,589.20. Auto and metal sectors saw slight gains, while pharma and oil & gas sectors showed weakness. Midcap declined, smallcap saw marginal gains.

On Wednesday, August 6, 2025, the domestic stock market started on a positive note, but selling pressure increased by the end of the day, causing the Sensex and Nifty to close with losses. Sensex, after opening at 80,760.73, fell by 100 points to close near 80,610, while Nifty started from 24,652.65 and closed at 24,589.20. Investors remained focused on the RBI's Monetary Policy Committee (MPC) meeting and the US's Trump tariffs, which led to uncertainty in the market. On the sectoral front, Auto and Metal indices showed strength, while Pharma and FMCG remained weak.

Sensex Down 100 Points, Nifty Below 24600

At the end of trading, the Sensex closed around 100 points lower at 80,610, while the Nifty fell below 24,600. The Nifty recorded a decline of 0.30 percent and closed at 24,589.20. Uncertainty regarding Trump tariffs and anticipation of the results of the RBI's Monetary Policy Committee (MPC) meeting remained among investors.

Which Sector Saw Gains and Where Was the Decline?

Looking at the sectoral performance of the market, Nifty Auto, Consumer Durables, and Metal indices saw slight gains. At the same time, Pharma, FMCG, and Oil & Gas sectors experienced pressure.

  • Nifty Auto up by 0.37 percent
  • Nifty Metal with a slight gain of 0.09 percent
  • Nifty Consumer Durables up by 0.12 percent
  • Nifty Pharma down by 0.83 percent
  • Nifty FMCG down by 0.72 percent
  • Nifty Oil & Gas slipped the most with a decline of 0.96 percent

Top Gainers: Which Companies Pleased Investors?

Talking about the top gainers of Nifty-50, some major companies saw good profits:

  • Shriram Finance: Share climbed with b buying
  • Bharti Airtel: Investors showed confidence due to good deals and growth expectations
  • Asian Paints: Share surged due to increased demand
  • Maruti Suzuki: Gained due to b auto sales data
  • Trent: Indication of b growth in the retail segment

Top Losers: These Stocks Saw a Decline

Shares of some major companies remained under pressure today. The tech sector and oil companies were most affected.

  • Coal India- Share slipped due to rising raw material costs and supply chain issues
  • Cipla- Impact of profit booking in the pharma sector
  • Tech Mahindra- Decline due to weak outlook in the IT sector
  • TCS- Pressure from weak global demand
  • Hero MotoCorp- Impact of sluggish two-wheeler sales

Status of Midcap and Smallcap Index

Talking about the broader market, midcap shares saw a decline, while smallcap shares performed slightly better.

  • Nifty Midcap 100 – closed down 0.39 percent
  • Nifty Smallcap 100 – closed with a gain of 0.16 percent

Sharp Volatility in Anil Ambani's Reliance Power

Reliance Power's share hit the upper circuit on Wednesday after a sharp fall. Investors are uneasy due to the Enforcement Directorate's (ED) investigation against the company. The stock has fallen by about 31 percent in the last one month. However, the stock showed a slight recovery on Wednesday.

Surge in Steel Exchange Stock

Shares of steel sector company Steel Exchange India saw a jump for the third consecutive day. On Wednesday, the stock climbed 4.02 percent to reach ₹11.13. The company's quarterly results were excellent, and its profit increased by 292 percent year-on-year.

Quarterly Results of Power Finance and Bajaj Auto

Power Finance Corporation (PFC) recorded a profit of ₹4,502 crore in the June quarter, with a growth of 21 percent. Along with this, the company has also announced a dividend.

Bajaj Auto also earned a net profit of ₹2,095.98 crore in the first quarter with a growth of 5.4 percent. The company's revenue also increased by 5.5 percent to ₹12,584 crore.

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