Stock Market Live Updates 6th August 2025: Sensex, Nifty slip as RBI holds rates; tariff woes mount
Sensex, Nifty, Share Prices LIVE: Indian benchmark indices traded lower on Wednesday as investor sentiment remained cautious due to global tariff tensions and uncertainty surrounding the RBI’s policy decision. At 10:05 a.m., the Sensex declined 161 points to 80,548, while the Nifty slipped 58 points to 24,591.
The Reserve Bank of India’s Monetary Policy Committee (MPC) hit pause on the ongoing rate cut cycle, maintaining the repo rate at 5.50%. This move comes in the backdrop of the US imposing steep tariffs on Indian exports and the resulting pressure on the Rupee, even as inflation cooled to 2.1% in June—its lowest since January 2019.
Ajit Mishra of Religare Broking said weak Q1 earnings and tariff concerns continue to weigh on sentiment, suggesting a stock-specific strategy amid corrections.
Volatility eased as India VIX dipped 1.84% to 11.71. According to Choice Broking’s Mandar Bhojane, strong resistance lies at 24,800–25,000, with support at 24,600.
Foreign investor selling and profit-booking in oil and gas stocks also contributed to the pressure. Gaurav Garg of Lemonn Markets noted that RBI’s commentary would be crucial for the market’s near-term direction.