Sensex jumps 374 points, Nifty ends flat; Reliance, SBI shine, Power Grid drops 4%
Indian equity benchmarks ended Thursday mixed as gains in Reliance Industries and State Bank of India lifted the Sensex while the Nifty ended little changed.
Source: financialexpress.com · August 6, 2026 at 5:06 PM · AI-assisted report
Corroborated
KUALA LUMPUR, 7 AUGUST 2026 —
Indian equity benchmarks ended Thursday mixed as gains in Reliance Industries and State Bank of India lifted the Sensex while the Nifty ended little changed.
The Sensex climbed 373.76 points, or 0.48%, to close at 78,954.76, while the Nifty 50 added 11.35 points, or 0.05%, to settle at 24,636. Reliance Industries rose 3.43%, State Bank of India added 3.02% and Bharat Electronics gained 2.56%. Power Grid Corporation fell 3.99%, Tata Consultancy Services dropped 2.06% and InterGlobe Aviation lost 1.49%.
Indian markets opened cautiously as Asia-Pacific peers fell overnight. The GIFT Nifty opened 11 points, or 0.04%, higher at 24,634, while the Sensex started 175 points up at 78,756.
Foreign institutional investors were net sellers of shares worth Rs 943.42 crore on August 5, provisional NSE data showed, while domestic institutional investors bought Rs 2,883.17 crore.
Asian equities slipped as Wall Street ended mixed. Japan’s Nikkei 225 fell 0.51%, South Korea’s Kospi dropped 1.84% and Hong Kong’s Hang Seng futures traded below their prior close of 25,915.82. The Dow Jones rose 0.49%, the S&P 500 fell 0.17% and the Nasdaq dropped 0.83%.
Crude oil prices slipped after US Treasury Secretary Scott Bessent said a Hormuz Strait deal could be reached this week. West Texas Intermediate fell 0.04% to $75.19 per barrel and Brent rose 0.11% to $79.54. Gold gained 1.07% to $4,351.20 an ounce and silver surged 3.12% to $62.75 per troy ounce.
Related: DBS
Malaysia Impact
Global development — watch for knock-on effects on oil prices, the ringgit, and KLCI risk sentiment.