Morning Bell 6th August 2026 by Bajaj Broking Ltd
Market Commentary
Indian benchmark indices surrendered a major portion of their early gains and ended the session with marginal advances after the Reserve Bank of India (RBI) maintained its neutral monetary policy stance . Investor sentiment turned cautious in the latter half of the session amid fresh geopolitical concerns following comments by U.S . President regarding Iran and the Strait of Hormuz, while Brent crude oil prices rebounded towards the $80 per barrel mark, limiting further upside in the benchmark indices .
* At close, the Sensex gained 152 .05 points or 0 .19% to settle at 78 ,581 , while the Nifty 50 advanced 9.75 points or 0 .04 % to close at 24 ,624 .65 .
* On the sectoral front, Nifty Metal, Auto, and Realty emerged as the top - performing sectors, witnessing healthy buying interest throughout the session . On the other hand, Nifty Media, FMCG, and Private Banks remained the key laggards, as profit booking in these sectors capped the benchmark indices' gains . The broader market continued to outperform the frontline indices .
* The Nifty Midcap 100 index gained 0 .18%, while the Nifty Smallcap 100 index advanced 0 .76%. Both indices traded near their all-time highs, highlighting sustained buying interest and continued strength in the broader market .
* Gift Nifty signals a flat opening for the Indian Market . Nifty spot in today's session is likely to trade in the range of 24 ,410 - 24 ,800
Global Updates
* Oman and Iran agreed on draft coordinates for a secure maritime commercial corridor through the Strait of Hormuz, with market participants pricing in a potential diplomatic agreement .
* Tech earnings sparked sharp single -stock dispersion following AMD's decline (- 7.04 %) and SpaceX's elevated AI capex guidance (- 13.61%), contrasting with Nvidia's advance (+ 3.4%) on new orbital data center chip allocations . Broad profit -taking in high - beta tech (Nasdaq - 0 .83 %) redirected institutional liquidity into defensive and industrial shares, pushing the Dow Jones to a new record high of 54 ,354 .44 (+ 0 .49 %).
* Asian regional indices are trading lower on Thursday morning, responding to the global technology pullback : S&P/ASX 200 (Australia / XJO) : 9,275 .6 (+ 47 .8 pts, +0 .52 %) Nikkei 225 (Japan) : 65 ,149 .17 (- 1,151.20 pts, - 1.74 %) KOSPI (South Korea) : 6,310 .33 (- 287 .94 pts, - 4 .36 %)
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