Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
Indian stock markets saw gains in early trade driven by lower crude oil prices and buying in Reliance Industries. The Reserve Bank of India maintained its policy repo rate at 5.25% while expressing a data-dependent stance on future interest rate adjustments.
Why it matters
Market performance and central bank policy decisions are critical indicators of the health of the Indian economy.
Stock market benchmark indices Sensex and Nifty edged higher in opening trade on Thursday (August 6, 2026) amid lower crude oil prices and buying in Reliance Industries.
The 30-share BSE Sensex climbed 201.43 points to 78,782.43 in opening trade. The 50-share NSE Nifty was marginally up 16.35 points to 24,641.
Benchmark indices have been facing divergence since Monday (August 3, 2026) after stock exchanges introduced a new auction mechanism for shares having futures and options (F&O) contracts.
The Closing Auction Session (CAS) in the equity cash segment became operational on Monday (August 3, 2026), introducing a new auction-based mechanism for determining the closing prices of eligible stocks in a move aimed at making the price discovery process more transparent and robust.
From the Sensex pack, Titan, Reliance Industries, Eternal, Bharat Electronics, State Bank of India and Asian Paints were among the major winners.
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