Last Updated Aug - 08 - 2025, 11:04 AM | Source : Fela News
Stock Market News: On Thursday, President Trump announced to impose 25% additional tariffs on India's exports, but despite this the Indian stock market closed u
Stock Market Today: After US President Donald Trump's tariff of up to 50% on India's exports, there has been an atmosphere of concern in the Indian stock market. The market opened with a decline on the last day of the week i.e. Friday. The Sensex broke 300 points and the Nifty fell to 24,550 levels. Bharti Airtel shares fell by 3%.
Not nervous in the market, but be cautious: Experts' opinion
Jiojit Investment Limited Chief Investment Strategist V.K. According to Vijaykumar, there is no need to panic in the market at the moment, but further weakness may remain. He said that at present global conditions are uncertain, so investors should be cautious. They believe that auto, banking, financial, hotels, telecom, cement and capital goods sectors may remain strong.
The strength in the market on Thursday However, despite Trump's tariff announcement on Thursday, the Indian market closed with an edge. The BSE Sensex rose by 926 points a day and finally closed at 80,623.26 with a gain of 79.27 points. At the same time, the Nifty climbed 21.95 points to close at 24,596.15. Dual hit on India: 25% additional fee on oil too The US has announced an additional fee of 25% on India's exports and 25% on crude oil being purchased by India from Russia. This means that India has been put on a total of 50% tariff burden.
Mixed effect in markets around the world Mixed trend was seen in Asian markets. Japan's Nikkei reached a record level with a rise of 1.18% and the topics index 1.42%. Australia's market was 0.29% up, while South Korea's market closed with a slight increase. Hong Kong's Hang Seng fell 0.59%. The US market also closed under fluctuations. Dow Jones broken 0.50%.
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