15.39 PM: Closing Bell: Sensex, Nifty end lower even as RBI keeps rates unchanged; IT, auto stocks gain

Market Close: The benchmark indices ended lower on August 6 after Reserve Bank of India (RBI) has kept the repo rate unchanged at 4 percent and also maintained policy stance as ‘Accommodative’.

At close, the Sensex was down 215.12 points or 0.39% at 54277.72, and the Nifty was down 56.40 points or 0.35% at 16238.20. About 1728 shares have advanced, 1400 shares declined, and 120 shares are unchanged.

On the sectoral front, the metal, auto and IT indices ended higher, while selling was seen in the pharma, FMCG and infra names.

The midcap and smallcap indices rose 0.2 percent each.

Cipla, Reliance Industries, Shree Cements, UltraTech Cement and SBI were the top Nifty losers. IndusInd Bank, Adani Ports, IOC, Bharti Airtel and Tata Consumer Prodcts were among the top gainers.

News Source:- Moneycontrol

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