Finance
Stock market close highlights on Wednesday, August 6, 2025: Following the Reserve Bank of India’s Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, maintaining the repo rate at 5.50 percent, benchmark indexes the Sensex and Nifty50 finished lower today.
Despite growing concerns about global trade, notably the new 25% US tariff on Indian exports, the central bank still maintained its GDP growth prediction for FY26 at 6.5%. According to Malhotra, the predictions previously took into account the possible impact of global headwinds, and the data as it is now does not call for a revision.
The RBI made a wise decision by drastically lowering its inflation prediction for FY26 from 3.7% to 3.1%, citing a favorable monsoon, declining food prices, and robust foodgrain stocks as reasons.
Nevertheless, the NSE’s Nifty50 fell 0.31 percent, or 75.35 points, to 24,574.20 levels, while the Sensex ended the day 0.21 percent, or 166.26 points, lower at 80,543.99 levels.
While Sun Pharma, Tech Mahindra, and HCLTech were among the main laggards on the BSE, Asian Paints, BEL, and M&M were the top gainers.
On the NSE, Wipro, Sun Pharma, and Jio Financial were among the top losers, while Asian Paints, HDFC Life, and M&M were the top winners.
Even broader indices saw a decline. SmallCap ended 1.13 percent higher, while the Nifty Midcap 100 index closed 0.80 percent higher.
All indices finish in red, with the exception of Nifty PSU Bank, which is up 0.59 percent. Nifty Pharma experienced a 2.03% decline, with IT and Realty following at 1.74% and 1.51%, respectively. FMCG and Nifty Auto saw declines of 0.90 and 0.53%, respectively.
Source: BS
