Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
Indian stock market indices showed divergence on August 6, 2026, with the Sensex rising while the Nifty remained flat. Analysts attribute this performance to a new closing auction mechanism and varying liquidity levels among major stocks.
Why it matters
Changes in market mechanisms like the Closing Auction Session can significantly impact price discovery and investor behavior in emerging markets.
Stock market benchmark indices ended on a mixed note on Thursday (August 6, 2026), with the Sensex climbing 374 points and the Nifty closing flat, drawing support from moderation in crude oil prices and buying in heavyweights Reliance Industries and ICICI Bank.
After starting the session on a positive note, the 30-share BSE Sensex remained in the positive territory throughout the day. It climbed 373.76 points, or 0.48%, to settle at 78,954.76.
The 50-share NSE Nifty traded in a narrow range for the day and edged marginally higher by 11.35 points, or 0.05%, to end at 24,636. During the day, the benchmark hit a high of 24,677.05 and a low of 24,604.15.
Since Monday (August 3, 2026), both the benchmark indices have been facing divergence after stock exchanges introduced a new auction mechanism for shares having futures and options (F&O) contracts.
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