HomeMarket NewsStock Market Highlights: Sensex, Nifty close in the red but off lows as HDFC Bank, Reliance recover
By CNBCTV18.COM | Aug 6, 2025 3:47 PM IST (Updated)
Sensex Today | Stock Market Highlights: The Nifty closed below the 24,600 mark, slipping 75 points to end at 24,574, while the Sensex fell 166 points to settle at 80,544. The broader market saw mixed trends with the Nifty Bank index gaining 51 points to 55,411, while the Nifty Midcap index fell sharply, losing 457 points to close at 56,750.
Sensex Today | Stock Market Highlights: The Indian market ended in the red, though it managed to recoup some intraday losses thanks to a recovery in heavyweight stocks like HDFC Bank and Reliance Industries. Investor sentiment remained under pressure after the Reserve Bank of India decided to keep the policy rate unchanged, a move that was widely expected but still dampened hopes of near-term rate cuts.
Pharma and IT stocks continued to face selling pressure, weighed down by concerns ahead of a potential executive order from former US President Donald Trump, which could have implications for outsourcing and drug pricing. Among sectoral movers, insurance stocks attracted buying interest ahead of the release of monthly business data, with HDFC Life gaining 2%.
