Daily Brief · Closing Bell · 05:05 pm IST🟢 Risk-on

Nifty slips as RBI meet and closing auction keep traders cautious

Nifty and Sensex ended lower as RBI policy caution and the new closing auction weighed on sentiment, while global cues stayed mixed and Gift Nifty was nearly flat.

FII cash +₹922 cr vs DII +₹1,571 cr

Foreign buying met by domestic buying — net +₹2,493 cr on the session.

Options pin the tape at 24,550.00

PCR 1.01 (put-writer edge), spot 24,614.90. PCR has moved 1.24 → 1.01 since the open.

Film Production, Distribution & Exhibition leads (+5.00%), Shipping lags

14 of 14 sector groups are positive — breadth backs the move.

Watch: Dr. Agarwal's Health Care Limited Ajmera Realty & Infra India Limited Alkyl Amines Chemicals Limited⚔ 24,550.00 = max-pain pivot

Today's Story

How the session unfolded

Nifty and Sensex slipped at the close as traders stayed cautious ahead of the RBI decision and the new closing auction. Gift Nifty was nearly flat at 24,587, while the Nifty spot stayed at 24,614.9. Options data showed PCR at 1.01 versus 1.24 open and max pain at 24,550.

Global Cues

Overnight context

Equities · US & Europe

S&P 5007,600.50+1.48%

Dow53,178.41+1.32%

Nasdaq25,913.90+2.13%

FTSE 10010,896.08+0.35%

DAX26,161.35+0.62%

Equities · Asia

Nikkei63,957.53+0.32%

KOSPI6,358.95+1.62%

Hang Seng25,852.92−0.60%

Shanghai3,822.29−0.26%

Commodities · FX · Rates

Brent83.92+0.18%

WTI79.99−0.44%

Gold4,114.50+0.59%

USD/INR95.38+0.05%

DXY99.95+0.05%

US 10Y4.69−1.24%

Bitcoin63,694.85+0.36%

Ethereum1,866.42+0.42%

India VIX 12.19

Options Board

EOD wrap

PCR

1.24 → 1.01

put-writer edge

Max Pain

24,550.00

Spot

24,614.90

Open interest by strike

as of 03:44 pm

24,350.0024,400.0024,450.0024,500.0024,550.0024,600.0024,650.0024,700.0024,750.0024,800.0024,850.00

Call OI · resistance Put OI · supportATM 24,600.00

Institutional Flows

Provisional · cash market

FII CASH

+₹922 cr

DII CASH

+₹1,571 cr

NET

+₹2,493 cr

domestic cushion held

Radar

Completed + new setups

No published setups for this edition.

Key Developments

Since the open

Nifty, Sensex Slip as New Closing Auction, RBI Meet Weigh

HDFC Sky·04:34 pmpolicy

Competing cues, caution ahead of RBI policy decision keep rupee nearly flat

Why it matters — The rupee remained stable as traders awaited the Reserve Bank of India's policy announcement. Foreign bank dollar sales

ET Markets·04:50 pmpolicy

Sensex falls 210 points, Nifty closes below 24,650 as market snaps 4-day gaining streak

Why it matters — Indian benchmark indices ended lower on Tuesday, snapping a four-day winning streak as the Sensex dropped 210 points to

ET Markets·03:51 pmmarkets

Sensex today | Stock Market Highlights: Markets end in the red; Sensex drops 210 points, Nifty slips 159

Why it matters — Sensex, Nifty, Share Prices Highlights: Indian equity benchmarks closed lower on Tuesday as investors turned cautious ah

bl_markets·04:07 pmmarkets

Q1 Results Today Live: Bharti Airtel, Bharti Hexacom, Pidilite, Graphite, Alembic, Wonderla Holidays Q1 PAT rise, Marico posts mixed Q1, Godrej Properties, Zydus Wellness & Protean PAT decline, ONGC, NHPC, MCX, Kalyan Jewellers to announce Q1 results

Why it matters — Q1 Results Today, 4th August 2026 Live Updates: Follow businessline for more

bl_markets·04:55 pmearnings