business π Markets dip as investors await RBI policy
Indian equity benchmarks closed lower on Tuesday as investors felt cautious before the RBI's policy decision. The Sensex dropped 210.08 points to 78,428.95, and the Nifty slipped 159.40 points to 24,614.90 on August 4, 2026. Market volatility increased due to the new F&O closing-auction mechanism and rising crude oil prices. Analysts suggest the new auction framework will see its impact lessen as participants adjust their trading strategies. Higher Brent crude prices are fueling concerns about inflation, growth, and corporate earnings moving forward. π