In today’s stock market, Policy day triggers further market decline; Nifty breaks 24,600, Sensex drops 166 points.
Stock Market Nifty Chart Prediction
On August 06, Sensex was down 166.26 points at 80,543.99, and the Nifty was down 75.35 points at 24,574.20. About 1292 shares advanced, -2594 shares declined, and 144 shares unchanged.
Top Nifty gainers: Asian Paints, HDFC Life, Trent, Adani Ports and Bharat Electronics.
Top Nifty Losers : Wipro, Sun Pharma, Jio Financial, IndusInd Bank, Tech Mahindra.
Barring PSU Bank, which gained 0.6%, all major sectoral indices closed lower. Sectors like IT, Media, Realty, Pharma, and FMCG saw declines ranging between 1% and 2%.
BSE midcap and smallcap indices down 1% each.
Best Stocks of the day according to AI (Delta Dash)
Worst Stocks of the day according to AI (Delta Dash)
Stock Prediction for 07th August 2025
| STOCK | Good Above | Weak Below |
| CUMMINSIND | 3645 | 3610 |
| ICICIPRULI | 623 | 617 |
| M&M | 3250 | 3215 |
| PFC | 418 | 414 |
Prediction for Thursday NIFTY can go up if it goes above 24,700 or down after the level of 24,600, but it also depends upon the Global cues.
Nifty ended the day with a loss of 75 points as volatility continued in Wednesday’s session. Despite the RBI’s mid-quarter policy announcement, market sentiment remained weak. After a flat start, Nifty witnessed sharp selling in the early trade, followed by a brief mid-session recovery, but eventually closed near the day’s low. Resistance is expected around 24,700–25,000, while support levels are placed at 24,600–24,000.
| Highest Call Writing at | 24,700 (1.5 Cr) |
| Highest Put Writing at | 24,600 (89.9 Lk) |
Nifty Support and Resistance
| Support | 24,600–24,000 |
| Resistance | 24,700–25,000 |
Bank Nifty Daily Chart Prediction
Prediction For Thursday , BANKNIFTY can go up if it goes above 55,600 or down after the level of 55,200, but it also depends upon the Global cues.
Bank Nifty continues to trade with a negative bias. Traders holding short positions may consider maintaining them with a daily closing stop-loss at 55,878. On the higher side, resistance is seen at 55,600 and 56,000, while key support levels are placed around 55,200 and 54,600.
| Highest Call Writing at | 55,600 (22.3 Lk) |
| Highest Put Writing at | 55,200 (13.9 Lk) |
Bank Nifty Support and Resistance
| Support | 55,200 and 54,600 |
| Resistance | 55,600 and 56,000 |
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