Daily Finance Pulse India - 29th Aug 2025
On 28th Aug 2025, Indian stock markets closed sharply lower as the impact of 50% US tariffs on Indian exports weighed heavily on sentiment. The BSE Sensex last closed at 80,080.57 with a change of -705.97 points, while the NSE Nifty50 settled at 24,500.9, down 211.15 points. The markets ended August with significant losses amid ongoing India-US trade tensions. Stock market ahead for India: closed on 29th Aug 2025 for a public holiday. Overall market sentiment is bearish due to tariff concerns and sectoral declines.
1/10
Drop: US Tariffs, Sensex Dives Over 700 Points
On 28th Aug 2025, BSE Sensex closed at 80,080.57, down 705.97 points or 0.87%, as the 50% US tariffs on Indian exports took effect, intensifying trade tensions. The NSE Nifty50 also fell 211.15 points to 24,500.9. Major sectoral indices including IT, FMCG and PSU Banks declined, with HCLTech, TCS among top losers and Titan, L&T among gainers.
Impact: The tariffs have heightened market uncertainty, leading to broad sector declines and negative investor sentiment.
2/10
Decline: Tariff Impact, Nifty Ends August With 500-Point Drop
On 28th Aug 2025, Indian equities faced selling pressure after 50% US export tariffs hit India. The Nifty defended the 24,500 mark but ended August with a 500-point loss. Banking stocks led the declines with Nifty Bank closing below 54,000 for the first time since May. Vardhman Textiles and Ola Electric bucked the trend with strong gains.
Impact: The tariffs are driving sustained selling pressure, especially in banking and IT sectors, while select stocks show resilience.
3/10
Fall: Trade Tensions, Indian Markets Lose ₹10 Lakh Crore in Two Days
Between 27th and 28th Aug 2025, Indian markets wiped out over ₹10 lakh crore in investor wealth amid tariff fears. The Nifty IT and Realty sectors fell over 1.5%, with FMCG and Pharma also down. The tariff hike on Russian crude oil purchases by India has escalated tensions with the US.
Impact: Substantial wealth erosion signals investor caution and risk aversion due to geopolitical trade issues.
4/10
Correction: Telecom Setback, Vodafone Idea Shares Extend Losses
Vodafone Idea shares continued to decline on 28th Aug 2025 following adverse AGR-related rulings, adding pressure to the telecom sector amid broader market weakness.
Impact: Telecom sector challenges exacerbate negative sentiment in broader market correction.
5/10
Upgrade: Investec Retains Buy on RBL Bank With ₹300 Target
Investec reaffirmed a buy rating on RBL Bank on 28th Aug 2025, targeting ₹300 per share, citing improving fundamentals despite recent sector-wide pressures.
Impact: Positive analyst stance may support selective banking stocks amid generalized sector weakness.
6/10
Gain: Auto Sector Optimism, GST Cut Expected to Boost M&M, Maruti
Jefferies on 28th Aug 2025 projected a GST cut to benefit the auto sector, endorsing stocks like Mahindra & Mahindra and Maruti Suzuki, while Hero MotoCorp topped the Nifty gainers list.
Impact: Potential GST relief fuels optimism in autos, creating selective buying interest.
7/10
Mixed: US Futures Volatile, Nasdaq Reacts Negatively to Nvidia Earnings
On 28th Aug 2025, US stock futures showed mixed signals with Nasdaq in the red following Nvidia's Q2 earnings beat but subdued share price reaction, affecting global tech sentiment.
Impact: Global tech volatility could influence Indian IT and export-oriented stocks.
8/10
Steady: GIFT Nifty Trades Lower Amid Overall Market Weakness
On 28th Aug 2025, the GIFT Nifty was down by 71 points at 24,626, reflecting broader market declines due to trade tensions and tariff impacts.
Impact: GIFT Nifty weakness signals cautious sentiment in international investor segments.
9/10
Sector Fall: MidCap and SmallCap Indices Close Lower
On 28th Aug 2025, BSE MidCap and SmallCap indices closed down by 1.1% and 0.9%, respectively, as the broader markets fell amid tariff worries and weak global cues.
Impact: Mid and small caps remain vulnerable in current risk-off environment.
10/10
Outlook: Market Views Tariffs as Short-Term Aberration, Possible Resolution
Experts on 28th Aug 2025 expressed that the 50% US tariffs are likely a short-term issue, expecting India-US negotiations to eventually ease tensions, which may stabilize markets.
Impact: Investor sentiment may improve if diplomatic engagement progresses as expected.