Closing Bell 5th August: Nifty 50 up by 0.04% & Sensex by 0.19%

On Wednesday, the Indian equity market ended the day with a positive sentiment, with the Nifty 50 opening at 24,669.20, reaching a high of 24,677.60, and closing at 24,624.65, up by 0.04%. Similarly, the BSE Sensex opened at 79,055.38, reached a high of 79,055.38, and ended at 78,581.00, up by 0.19%.

The Indian markets traded in the green after the RBI raised its GDP growth forecast to 6.7% and lowered the inflation projection to 5% for the current financial year.

Reasons for the positive sentiment

The following are the reasons for the positive sentiment in the stock market:

• Positive cues from global markets.
• Foreign institutional investors (FIIs) continued as net buyers in the Indian markets.
• The rupee appreciated by 39 paise to 94.89 against the U.S dollar.

Major Indices Today

• The benchmark indices, Nifty 50 and Sensex, traded higher amid gains in Larsen & Toubro, SBI, Shriram Finance, and Grasim Industries shares.
• Nifty Next 50 traded in the green, led by the gains in shares of TVS Motors, Hindustan Zinc, Samvardhana Motherson International, Bosch and Vedanta.
• Nifty Bank traded in the red amid strong selling pressure across the sector after RBI’s monetary policy stance to keep interest rates steady.

Sectoral Indices Today

• Nifty IT traded lower amid selling pressure.
• Nifty Auto traded higher after the sector witnessed strong buying interest following the Reserve Bank of India (RBI) keeping policy rates unchanged and raising its economic growth forecast for FY27.   
• Nifty FMCG traded in the red, dragged by losses in Marico after posting Q1 earnings.
• Nifty Pharma traded lower after the Indian Pharmaceutical Alliance (IPA) asked the domestic pharma industry to provide the names of drugs that have been marketed in India for years but are not approved by the national drug regulator to regularise them by the Central Drugs Standard Control Organisation (CDSCO).
• Nifty Oil & Gas traded lower amid the rise in crude oil prices.

Market Movers Today

• CE Info Systems, the parent company of MapmyIndia, dropped sharply by 7% after the brokerage firm JM Financial downgraded the stock to ‘reduce’ after the company’s EBITDA margin slipped to 40.2% from 45.9% a year ago, as it was impacted by a ₹4 crore receivable write-off by a government customer and a higher hardware mix within IoT.
• InterGlobe Aviation, the parent company of IndiGo, shares rose by 3% to an 8-month high after crude oil prices fell more than 5%.
• Realty shares, like Godrej Properties, rose by 4.3%; DLF and Oberoi Realty rose by 2.04% and 1.95%, respectively, after the RBI kept the benchmark interest rate unchanged for the fourth consecutive monetary policy review, boosting sentiment in the sector as it provides stability in borrowing costs for both homebuyers and developers, supporting demand.
• Deepak Nitrite shares rose by 3% after the company reported a more than three-fold surge in Q1 FY2027 profit to ₹345 crore, while revenue climbed 36.4% YoY to ₹2,577.6 crore, driven by a strong operational performance.
• Sterlite Technologies shares rose by 5% to hit an upper circuit, and HFCL rose by more than 4% after the US plans to restrict imports of certain Chinese data centre components, which is seen as positive for non-Chinese optical networking and fibre equipment makers, as customers may increasingly look to diversify their sourcing away from Chinese suppliers.

Top Gainers

Top Losers

52W High Stocks

52W Low Stocks

High Volume Stocks Today

IPO

• Ardee Industries IPO opened today and will close on 7th August 2026. The price band set for the IPO is from ₹50 to ₹53 per equity share.

Market Announcements

• Castrol India shares rose by 3% after the company recorded a 25% YoY growth in revenue at ₹1,871 crore compared with ₹1,497 crore in the year-ago period.
• PNB Housing Finance shares rose by 7% after the company reported a 4.3% YoY growth in profit to ₹554.5 crore, while net interest income increased 7.5% YoY to ₹788.5 crore in Q1 FY2027.