Summary of this article
Sensex fell 308 points to 80,710, Nifty 50 fell 73 points to 24,649 after Trump’s tariff threat on Indian goods rattled investor sentiment.
Broader markets mirrored the losses in the benchmark indices.
Oil & Gas led losses among sectoral indices, sliding 0.96 per cent, while autos gained 0.37 per cent.
Top Gainers: Titan, IndusInd Bank, SBI Life Insurance; Top Losers: Adani Ports, RIL, Infosys
Key market cues for tomorrow: RBI MPC decision, India-US trade talks, Q1 results
Stock Market Closing Bell: Equity benchmark indices ended lower on August 5, erasing gains it made in the previous session, after US President Donald Trump said he would "substantially" raise tariffs on Indian goods. In a Truth Social post on August 4, he accused India of buying oil from Russia and reselling it for "big profits." This announcement brought fresh uncertainty over the future of India-US trade talk and sparked a broad-based profit-booking across the market.
The broader market too mirrored the sentiment as the Nifty Midcap 100 and Nifty Smallcap 100 fell 0.39 per cent and 0.16 per cent, respectively. The Nifty 500, which captures more than 92 per cent of the total free-float market of all the NSE-listed stocks, declined0.27 per cent. The Nifty Microcap 250, which tracks the performance of the top 250 stocks beyond the Nifty 500, also fell 0.36 per cent.
Oil & Gas Lead Losses, Auto Bucks Trend
Among sectors, autos, metals, and consumer durables were the only ones to see some gains, while most other sectors ended lower. Nifty Auto rose 0.37 per cent, Nifty Consumer Durables added 0.12 per cent, and Nifty Metal closed 0.09 per cent higher.
Leading the losses Nifty Oil & Gas fell 0.96 per cent, followed by Nifty Pharma, which fell 0.83 per cent. Nifty FMCG fell 0.72 per cent, Nifty IT fell 0.48 per cent, Nifty Realty slipped 0.46 per cent, and the respective Nifty indices of public banks, private banks and financial services closed lower than 0.5 per cent each.
Nifty 50: Top Gainers And Losers
From the Nifty 50 pack, Titan gained over 2 per cent ahead of its Q1 FY26 results scheduled later this week. IndusInd Bank's share price rose 1.66 per cent after the Reserve Bank of India (RBI) approved the appointment of Rajiv Anand as the new managing director and CEO. SBI Life Insurance advanced 1.56 per cent on forming a partnership with AU Small Finance Bank to expand the reach of its life insurance product portfolio. Other major gainers were Maruti Suzuki India, Coal India, Trent and Eicher Motors, each gaining in the range 1-1.5 per cent.
Dragging the index the most were Adani Ports, index heavyweight Reliance Industries, IT services major Infosys, Adani Enterprises, Cipla, ICICI Bank and Eternal (formerly Zomato).
Key Market Cues For Tomorrow, August 6
The following market cues will likely influence the action on the Dalal Street on August 6:
RBI MPC Meeting August 2025
The RBI is set to announce the decision of its Monetary Policy Committee (MPC) meeting on August 6. The central bank is likely to hold the repo rate at 5.5 per cent in light of falling inflation and an uncertain global trade scenario. Market participants will be keeping a close eye on the announcement, which is expected by 10:00 AM tomorrow.
Q1 FY26 Results
As many as 161 companies listed on the Bombay Stock Exchange (BSE) are set to announce their quarterly results for the period ended June 30, 2025 (Q1 FY26). Further, market participants will also be reacting the results announced by companies post-market hours today.
India-US Trade Deal
US President Trump's late-night social media post threatening "substantially" higher tariffs on Indian goods has once again put the ongoing India-US trade talks in jeopardy. Investors will be closely keeping a track to see how this situation unfolds.
