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Pradeep Carpenter

6th Aug 2025 · SEBI-Registered Analyst

🌅 Morning Bell – 6 August 2025

Markets may open flat to weak ahead of RBI’s policy decision today. Global sentiment is mixed, with cautious trade seen in Asia and the US after weak economic data. 📊 Market Wrap (5 Aug): Nifty closed at 24,649, down 66 points; Sensex lost 308 points to 80,710. Bank Nifty ended flat at 55,619. GIFT Nifty indicates a soft start near 24,670. 🌍 Global & Commodity Cues: US markets ended mixed amid stagflation worries. Asian indices are muted. Crude holds above $84 while gold trades near highs as investors brace for central bank events. Rupee weakens to ₹87.88/USD on dollar strength and oil pressure. 🏦 RBI Policy Watch: RBI is expected to hold repo at 6.50%, but a surprise 25 bps cut isn’t ruled out as June inflation fell to 2.1%. Focus will be on tone—liquidity, inflation outlook, and growth projections. Bond markets may react to any shift in stance. 📌 Stocks in News:

INDUSINDBK
jumps after appointing Rajiv Anand as CEO.
HEROMOTOCO
to launch premium EV scooter today.
TATAPOWER
expands EV charging network.
ADANIPORTS
reports strong July cargo volumes.
HDFCBANK
under pressure due to rising unsecured loan exposure.
ETERNAL
surprises with strong Q1 results.
RELIANCE
in focus on buzz around retail IPO timeline. 📈 Technical View: Nifty range: 24,550–24,900; below 24,550 may trigger profit booking. Bank Nifty resistance near 56,200; support at 55,400. Volatility likely to rise post-policy. 🔍 Outlook: Markets may stay sideways in early trade. A dovish RBI could spark a short-covering rally in banks, auto, and realty. Global uncertainty, crude prices, and rupee weakness remain overhangs. Stock-specific action likely to dominate.

#StockInNews#IndexStrategies#Today’sTradingSetup#Pre-OpeningCommentary#EquityResearch
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