Sensex Falls 300 Points After Brief Pause: Top 10 Stock Market Highlights Today
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Indian stock markets slipped back into a downtrend on Tuesday, August 5, after a brief one-day pause. Both the Sensex and Nifty have now closed lower in three of the last four sessions.
The BSE Sensex fell 308 points, or 0.38%, to end at 80,710, while the NSE Nifty 50 dropped 73 points, or 0.30%, to settle at 24,649.
Broader markets also declined but fared better than the benchmarks. The BSE Midcap index edged down 0.14%, and the Smallcap index slipped 0.27%.
Here’s a snapshot of what moved the markets today:
1. Global Jitters & RBI Uncertainty Weigh Heavy
Investor mood remained cautious amid global tensions and domestic uncertainty. Former US President Donald Trump’s fresh tariff threats over India’s Russian oil imports rattled sentiments. Adding to the nervousness is the RBI’s upcoming monetary policy decision, where rates are expected to stay unchanged - but the tone of the commentary will be closely watched.
2. Top Gainers in Nifty 50
Despite the dip, 24 Nifty stocks ended in the green. Titan led the gains with a 2% rise, followed by IndusInd Bank (up 1.66%) and SBI Life (1.56%). Maruti Suzuki, Coal India, and Trent also added over 1% each.
3. Nifty’s Biggest Losers
Adani Ports plunged 1.94% post-Q1 results, making it the top drag. Other laggards included Reliance Industries, Infosys, Adani Enterprises, and Cipla.
4. Sector Watch: Pharma, FMCG, IT See Cuts
Most sectoral indices ended lower, with pharma leading the fall (-0.83%). FMCG and IT followed suit, declining 0.72% and 0.48%, respectively. Auto and metals were the only notable gainers.
5. Heavyweights on the Volume Charts
Vodafone Idea topped the volume chart with over 48 crore shares traded. Other highly active stocks included Jayaswal Neco, GTL Infra, and Suzlon Energy.
6. 8 Stocks Rally Over 10%
Xtglobal Infotech soared nearly 14%, leading a pack of eight stocks that gained over 10% on the BSE. Sanofi Consumer, Oswal Agro, Newgen, and Allied Digital Services were among the notable performers.
7. Market Breadth Favors Bears
The BSE advance-decline ratio tilted bearish: 2,299 stocks declined versus 1,743 gainers - signaling broader market weakness.
8. Highs & Lows Galore
Despite the volatility, 50 stocks hit fresh 52-week highs, including AB Capital, JK Cement, and TVS Motor. On the flip side, 55 stocks touched their 52-week lows -such as Dreamfolks, Easy Trip Planners, and Brigade Hotel Ventures.
9. Broader Markets Outperform
While benchmark indices slipped, the broader market showed resilience. The BSE Midcap index edged down just 0.14%, and the Smallcap index slipped 0.27% - both outperforming Sensex.
10. Nifty Technical Outlook
Rupak De, Senior Technical Analyst at LKP Securities, says that, "Nifty traded with a negative bias throughout the day, remaining below the 50EMA. On the daily chart as well, the index is comfortably placed below the 50EMA. The current range is 24,400-24,850, and in the short term, the index is likely to remain within this band. Only a decisive move beyond this range might determine the next course of action for the market."
With geopolitical tensions flaring and the RBI policy outcome just around the corner, traders are likely to remain cautious. The coming sessions could see more volatility, especially if global cues remain shaky.
Disclaimer: This article is intended for informational and educational purposes only. The opinions and recommendations expressed are those of individual analysts or brokerage firms and do not reflect the views of NewsPoint. Investors are advised to consult certified financial advisors before making any investment decisions.
The BSE Sensex fell 308 points, or 0.38%, to end at 80,710, while the NSE Nifty 50 dropped 73 points, or 0.30%, to settle at 24,649.
Broader markets also declined but fared better than the benchmarks. The BSE Midcap index edged down 0.14%, and the Smallcap index slipped 0.27%.
Here’s a snapshot of what moved the markets today:
1. Global Jitters & RBI Uncertainty Weigh Heavy
Investor mood remained cautious amid global tensions and domestic uncertainty. Former US President Donald Trump’s fresh tariff threats over India’s Russian oil imports rattled sentiments. Adding to the nervousness is the RBI’s upcoming monetary policy decision, where rates are expected to stay unchanged - but the tone of the commentary will be closely watched. 2. Top Gainers in Nifty 50
Despite the dip, 24 Nifty stocks ended in the green. Titan led the gains with a 2% rise, followed by IndusInd Bank (up 1.66%) and SBI Life (1.56%). Maruti Suzuki, Coal India, and Trent also added over 1% each.3. Nifty’s Biggest Losers
Adani Ports plunged 1.94% post-Q1 results, making it the top drag. Other laggards included Reliance Industries, Infosys, Adani Enterprises, and Cipla. 4. Sector Watch: Pharma, FMCG, IT See Cuts
Most sectoral indices ended lower, with pharma leading the fall (-0.83%). FMCG and IT followed suit, declining 0.72% and 0.48%, respectively. Auto and metals were the only notable gainers. 5. Heavyweights on the Volume Charts
Vodafone Idea topped the volume chart with over 48 crore shares traded. Other highly active stocks included Jayaswal Neco, GTL Infra, and Suzlon Energy. 6. 8 Stocks Rally Over 10%
Xtglobal Infotech soared nearly 14%, leading a pack of eight stocks that gained over 10% on the BSE. Sanofi Consumer, Oswal Agro, Newgen, and Allied Digital Services were among the notable performers.You may also like
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7. Market Breadth Favors Bears
The BSE advance-decline ratio tilted bearish: 2,299 stocks declined versus 1,743 gainers - signaling broader market weakness. 8. Highs & Lows Galore
Despite the volatility, 50 stocks hit fresh 52-week highs, including AB Capital, JK Cement, and TVS Motor. On the flip side, 55 stocks touched their 52-week lows -such as Dreamfolks, Easy Trip Planners, and Brigade Hotel Ventures. 9. Broader Markets Outperform
While benchmark indices slipped, the broader market showed resilience. The BSE Midcap index edged down just 0.14%, and the Smallcap index slipped 0.27% - both outperforming Sensex. 10. Nifty Technical Outlook
Rupak De, Senior Technical Analyst at LKP Securities, says that, "Nifty traded with a negative bias throughout the day, remaining below the 50EMA. On the daily chart as well, the index is comfortably placed below the 50EMA. The current range is 24,400-24,850, and in the short term, the index is likely to remain within this band. Only a decisive move beyond this range might determine the next course of action for the market." With geopolitical tensions flaring and the RBI policy outcome just around the corner, traders are likely to remain cautious. The coming sessions could see more volatility, especially if global cues remain shaky.
Disclaimer: This article is intended for informational and educational purposes only. The opinions and recommendations expressed are those of individual analysts or brokerage firms and do not reflect the views of NewsPoint. Investors are advised to consult certified financial advisors before making any investment decisions.