Sensex, Nifty 50 Today | Stock Market LIVE Updates, 06 August 2026: Sensex & Nifty Movement, Top Gainers, Losers & Market Trends

Hitesh Tailor, Technical Research Analyst at Choice Broking Private Limited, said, “Indian equity markets are expected to open on a mildly positive note, with Gift Nifty trading around 24,691, up by 57 points, indicating a firm starts for domestic benchmarks. Global sentiment remains cautiously optimistic as investors continue to assess recent U.S. economic data and central bank commentary. Easing concerns over global trade and stable crude oil prices are supporting risk appetite, while market participants will also keep an eye on geopolitical developments and upcoming macroeconomic data releases for further directional cues.

In the previous session on 5th August 2026, Nifty 50 ended at 24,624.65, up 9.75 points (+0.04%), after a volatile yet range-bound trading session. The index opened with a gap-up but witnessed profit booking at higher levels before recovering from the day’s low to close near the opening mark. Technically, Nifty formed a small-bodied candlestick, indicating consolidation after the recent rally while continuing to trade above its key moving averages. The RSI improved to 61.96, while easing India VIX reflects a stable market environment.

From a technical perspective, 24,400–24,450 is expected to act as the immediate support zone, while 24,750–24,800 remains the key resistance area. The index is likely to maintain a positive bias as long as it holds above the support zone, while fresh buying interest may emerge if it decisively crosses the immediate resistance band.

In the previous session on 5th August 2026, Bank Nifty closed at 57,739.95, down 167.25 points (-0.29%), after a volatile trading session. The index opened with a gap-down and remained under pressure for most of the day before recovering from lower levels to trim losses by the close. Technically, Bank Nifty formed a bearish candlestick, reflecting profit booking after the recent consolidation, while continuing to trade above its medium-term moving averages, keeping the broader trend constructive. Immediate support is placed at 57,200–57,500, while resistance is seen around 58,000–58,200.

Foreign Institutional Investors (FIIs) turned net sellers on 5thAugust 2026, offloading Indian equities worth ₹943 crore. Meanwhile, Domestic Institutional Investors (DIIs) continued to provide strong support to the market, purchasing equities worth ₹2,883 crore, helping absorb selling pressure and indicating sustained.

The near-term market outlook remains cautiously positive despite mixed global cues, as domestic markets continue to display resilience supported by favourable technical structure and buying interest at lower levels. While global developments may keep volatility elevated, holding above key support levels will remain crucial for sustaining momentum. Stock-specific action is likely to dominate, with any decline towards support expected to attract selective buying interest.”