Indian equity benchmarks closed lower on 7 August 2026, with the Sensex retreating 455.59 points (-0.58%) to 78,499.17 and the Nifty 50 slipping 65.35 points (-0.27%) to 24,570.65. Despite the overall decline, the auto sector emerged as a clear outperformer, hitting fresh 52-week highs, while financials lagged notably. Market breadth remained weak, with declines outpacing advances across the BSE500, reflecting a cautious investor sentiment amid mixed global cues and sectoral rotations.