Markets are expected to start on a weaker note today as early trends in GIFT Nifty point to a soft opening below the 24,650 mark. A dip of around 0.30% hints at cautious sentiment among investors. All eyes will be on global crude prices, FII-DII flows, and how key sectors like banking, FMCG, and energy perform through the day. Any big corporate updates or earnings surprises could also sway the mood on Dalal Street.
Indian stock markets ended lower on Monday. The Sensex dropped 308 points, or 0.38%, to close at 80,710.25, while the Nifty slipped 73 points, or 0.30%, to settle at 24,649.55.
Key global and domestic cues to know on August 06, 2025
Asian Markets
Asian markets opened on a mixed note today. South Korea led the losses, with the Kospi falling 0.64% and the Kosdaq down 0.57%. Japan’s Nikkei 225 slipped 0.12%, the broader Topix index gained 0.45%. On the other hand, Australia’s S&P/ASX 200 opened higher, rising 0.38%.
US markets
All three major U.S. stock indexes ended lower on Tuesday. The S&P 500 dropped 0.49% to close at 6,299.19, while the Nasdaq Composite fell 0.65% to 20,916.55. The Dow Jones Industrial Average slipped 61.90 points, or 0.14%, ending the session at 44,111.74.
Trump flags new tariffs on chips and pharma
U.S. President Donald Trump, in a CNBC “Squawk Box” interview, said his administration plans to announce fresh tariffs on semiconductors “within the next week or so.” Stressing the need to bring chip manufacturing back to the U.S., Trump added, “We want them made in the United States.” He also hinted at a massive push on pharmaceutical imports, saying tariffs could go as high as 250%.
Further, Trump also said that he is reviewing four potential names for the Federal Reserve chair role, but ruled out Treasury Secretary Scott Bessent from the race. “Well, I love Scott, but he wants to stay where he is,” Trump said.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.08% up at 98.82 on Wednesday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee appreciated 0.15% to close at 87.80 to the dollar on August 6.
Crude oil
Crude oil prices edged up in early Wednesday trade. West Texas Intermediate (WTI) rose 0.35% to $65.39 per barrel, while Brent crude gained 0.41% to $67.91 per barrel.
FII, DII data
Foreign Portfolio Investors (FPIs) sold shares worth Rs 22 crore in Indian equities, according to provisional data from NSE on August 5. In contrast, Domestic Institutional Investors (DIIs) were net buyers, picking up shares worth Rs 3,840 crore.
Gold rate today
Gold prices were higher in early Wednesday’s trade. As per Goodreturns, today, 10 grams of 24-carat gold rate today is Rs 1,02,230, while 22-carat gold costs Rs 93,710. For those preferring 18-carat gold, the price is Rs 76,680 for the same weight.
Top sectors in Wednesday’s trade
Fertilisers, shipping, and gems & jewellery stocks saw decent traction in Tuesday’s trade, with these sectors clocking gains between 1.6% and 2.7%. Fertilisers led the pack with a 2.68% rise, followed by shipping and gems & jewellery, which were up around 1.6% each. Even aquaculture edged higher with a 1.5% gain.
Best and worst performing business groups
On Tuesday, Oswal Group stocks surged the most with a 5.5% rise, followed by KK Birla and Jaipuria Groups, which climbed over 5% and 4.7%, respectively. Manipal Group also gained nearly 3.8%. On the flip side, stocks from Singhania (HS), Williamson Magor, and Aarti Group declined between 1.9% and 2.4%, while Anil Ambani Group faced the steepest fall, sliding 4.4% in the session.