Taking Stock: Nifty Slips Below 24,700, Sensex Falls 308 Points; Auto Stocks Buck the Trend

Indian equity markets closed lower on Tuesday, August 5, 2025, as selling pressure weighed on most sectors, dragging benchmark indices into the red. The Sensex declined 308.47 points to settle at 80,710.25, while the Nifty fell 73.20 points to end at 24,649.55, snapping the previous session’s gains.

Despite the broader weakness, auto stocks outperformed, offering a silver lining in an otherwise subdued trading session.

Key Market Highlights

  • Sensex: Closed down 308.47 pts (-0.38%)
  • Nifty: Ended 73.20 pts lower (-0.30%)
  • India VIX: Dropped 1.09% to 11.84, indicating reduced volatility
  • Market Breadth: 1,708 stocks advanced, 2,184 declined, 143 remained unchanged

Sectoral Snapshot

SectorPerformance
Auto+0.4%
Bank-0.5%
IT-0.5%
Oil & Gas-1.16%
FMCG-0.90%
Pharma-1.08%
Realty-0.87%
PSU Banks-0.57%

Auto stocks stood out as the only major sector in the green, supported by strong earnings and demand outlook.

Top Gainers & Losers

Gainers:

  • Titan Company: +2%
  • Maruti Suzuki, SBI Life, Trent, IndusInd Bank: Posted modest gains

Losers:

  • Infosys, Adani Enterprises, Adani Ports, Reliance Industries, ICICI Bank: Led the decline on the Nifty

Stock-Specific Action

  • Bosch: Hit a 52-week high after reporting a 140% jump in Q1 consolidated profit
  • Godfrey Phillips India: Surged 10% on a 55% rise in Q1 profit
  • Triveni Turbine: Dropped 8% on weak earnings
  • Paytm: Fell 2% after a block deal involving 1.86 crore shares
  • IndusInd Bank: Rose after RBI approved Rajiv Anand as new CEO

Over 120 stocks touched 52-week highs, including TVS Motor, JK Cement, Fortis Healthcare, and Aditya Birla Capital.

Global & Political Overhang

Market sentiment was dampened by renewed geopolitical concerns. A warning from U.S. President Donald Trump about a potential hike in tariffs on Indian exports—citing continued Russian oil imports—added uncertainty. Analysts caution that any escalation could impact India’s GDP growth and corporate earnings outlook.

Technical View

The Nifty remained below its 50-day EMA, indicating a short-term bearish bias. Analysts expect the index to trade within the 24,400–24,850 range, with a breakout needed to determine the next directional move.

Final Thoughts

While the broader market faced pressure, the resilience in auto stocks and select midcaps suggests that investors are still finding pockets of opportunity. However, caution is warranted amid global trade tensions and upcoming domestic policy decisions, including the RBI’s Monetary Policy Committee meeting.

Eqwires Research Analyst

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