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Market wrap: Reliance Industries, SBI, Power Grid among top gainers and losers on Nifty and Sensex on Thursday
Economic Times 6 hrs ago·6 Aug 2026, 11:57 am
Indian equity benchmarks finished the session with a muted performance, reflecting the continued volatility of the closing auction. The BSE Sensex managed to climb 374 points, while the NSE Nifty edged up by just 11 points, indicating a lack of strong directional momentum across the broader market.
Reliance Industries and State Bank of India emerged as the primary drivers of the rally, helping to offset losses in other heavyweights. The mixed close suggests that investors are currently waiting for clearer signals to determine the market's next major move.
Market participants should keep a close watch on the key support and resistance levels of 24,600 and 24,800 on the Nifty. These zones will be critical in deciding whether the index can sustain its recent recovery or face further consolidation in the coming days.
Key takeaways
- Category: Stocks.
- Assessed as a significant, market-relevant update.
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