New Delhi, Aug. 6 -- The RBI's Monetary Policy Committee (MPC), headed by Governor Sanjay Malhotra, decided to keep the repo rate steady at 5.5 percent on Wednesday, August 6. Following the policy announcement, the Sensex declined by 166.26 points to close at 80,543.99, while the Nifty dropped 75.35 points to end at 24,574.20. Market sentiment was further dented by former U.S. President Donald Trump's renewed threat to impose higher tariffs on Indian goods.

Following the broader sell-off, mid and small-cap indices were also under pressure, with the NSE Midcap index falling 0.8 percent and the Smallcap index losing over 1 percent.

The Indian stock market fell on August 6 after the Reserve Bank of India (RBI) kept the repo rate unchanged ...