Stock Market Live: Nifty Rallies Near 24,700, Sensex Surges Over 600 Points; Nifty Bank Falls Ahead Of RBI MPC Decision
NDTV Profit 2 hrs ago·5 Aug 2026, 3:50 am
The Indian stock market witnessed a sharp rally on Tuesday, with the Nifty 50 index climbing close to the 24,700 mark. The BSE Sensex surged by over 600 points, driven by strong buying interest in heavyweights like Reliance Industries and HDFC Bank. However, the banking sector faced headwinds, with Nifty Bank slipping ahead of the Reserve Bank of India's monetary policy committee meeting.
Investors are closely watching the central bank's decision on interest rates and the repo rate, which is expected to remain unchanged. The market is also reacting to the rupee's appreciation against the US dollar and a decline in bond yields, which could influence liquidity in the system. Traders are advised to stay cautious and monitor global cues.
Key takeaways
- Category: Stocks.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
This is a high-impact development and could move the stock. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
