🚨 Tariff Tensions & Pharma Panic: Markets Stumble as RBI Holds Rates Steady

2–3 minutes

https://youtu.be/8Ss5nERRVok?si=dhx4FJOVAt9zVYXn

Indian equity benchmarks continued their downward drift on August 6, 2025, as a mix of global trade tensions and domestic sectoral underperformance weighed on sentiment. The Nifty 50 slid 75.35 points or 0.31 per cent to 24,574.20, while the Sensex dropped 166.26 points or 0.21 per cent to 80,543.99.

The Reserve Bank of India held its benchmark repo rate steady at 5.5% and retained its β€œneutral” stance, offering little surprise to the markets. However, global sentiment took a hit after former U.S. President Donald Trump reignited trade war fears by proposing potential tariffs of up to 250% on Indian imports, citing India’s oil purchases from Russia.

Sectoral Snapshot

Only two of the eleven major sectoral indices managed to end in the green. The Nifty PSU Bank index rose 0.59 per cent, supported by strength in Canara Bank and Union Bank. In stark contrast, the Nifty Pharma index slumped 2.03 per cent and slipped below its 200-day exponential moving average, marking its worst day this month. The Pharma index has now fallen over 3.6 per cent in August alone.

Stock Highlights

πŸ“‰ Raymond Realty plummeted 8.22 per cent despite posting a more-than-twofold increase in quarterly profits.

πŸ“‰ Britannia Industries disappointed investors with a mere 2 per cent YoY PAT growth in Q1, sending the stock down 4.13 per cent.

πŸ“ˆ On the upside, HDFC Bank led the Nifty gains, contributing 9.47 points, followed by Asian Paints (+6.88 pts) and SBI (+4.90 pts).

πŸ“‰ Top drags included Infosys (–24.23 pts), Sun Pharma (–11.17 pts), and Divis Labs (–9.84 pts).

Broader Market Pulse

The Nifty Midcap 100 fell by 0.80 per cent and the Nifty Smallcap 100 dropped 1.13 per cent, with the latter breaching its 200-DEMAβ€”an indication of sustained selling pressure across the board.

Market Breadth & Internals

Out of 3,071 stocks traded on the NSE:

846 advanced

2,128 declined

97 remained unchanged

35 stocks hit 52-week highs

85 touched 52-week lows

62 stocks were locked in upper circuits

95 stocks hit lower circuits

πŸ“Š Today’s Top Volume Gainers (NSE)

πŸ“ˆ The Sandesh Limited

Volume surged 106.30x 1-week avg and 111.59x 2-week avg to 1,04,939. Price jumped 16.33% to β‚Ή1,353.10.

πŸ“ˆ Kirloskar Oil Engines Limited

Volume rose 42.47x 1-week avg and 26.81x 2-week avg to 46,18,879. Price climbed 6.46% to β‚Ή921.00.

πŸ“ˆ Themis Medicare Limited

Volume spiked 40.96x 1-week avg and 40.09x 2-week avg to 50,04,000. Price surged 13.19% to β‚Ή115.50.

πŸ“’ Disclaimer: This section is purely for educational purposes and not investment advice.

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