On Wednesday, August 6, Indian benchmark indices closed in the negative territory, extending yesterday's losses, dragged by Infosys and Sun Pharmaceuticals.
At the closing bell, the Nifty 50 ended down by 75.35 points or 0.31%, at 24,574.20. The Sensex slipped by 166.26 points or 0.21% to 80,543.99, as the RBI keeps the repo rate steady at 5.5%, retains "neutral" stance, and Trump's threat of tariff hikes on Indian goods this week over its Russian oil purchases weighed on stocks.
On the sectoral front, 2 out of 11 key sectoral indices ended in positive territory. Meanwhile, broader indices like Midcaps and Smallcaps recorded losses of 0.80% and 1.13%, respectively.
Among individual stocks,
The Nifty PSU Bank index rose by 0.59%, emerging as the leading sectoral performer. Canara Bank and Union Bank emerged as top gainers among the Nifty PSU Bank index. On the flip side, the Nifty Pharma index slipped 2.03% on Wednesday, after US President Donald Trump hinted at a steep tariff of up to 250% tariff rate in 12 to 18 months. Nifty Pharma index slides below 200-DEMA.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices ended on a negative note. The Mid-cap 100 index ended lower by 0.80% and the Small-cap 100 index declined by 1.13%.
As of August 6, 2025, the market breadth was in favour of declining stocks. Out of 3,071 stocks traded on the NSE, 846 advanced, 2,128 declined, and 97 remained unchanged.
A total of 35 stocks touched their 52-week highs, while 85 hit their 52-week lows. Additionally, 62 stocks were locked in their upper circuits, whereas 95 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not an investment advice.
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