Synopsis : Indian equity markets opened lower on August 1, with Sensex down by 160 points and Nifty hovering around 24,700, as global sentiment soured following Trump’s tariff hike. Sun Pharma fell 5%, leading the early losers.

Market Recap – August 01, 2025:
Indian stock markets witnessed a cautious and weak start to Friday’s trading session, reflecting mounting global concerns. The BSE Sensex opened 166 points lower at 81,000, while the Nifty 50 opened 56 points down at 24,712, showing signs of consolidation below key resistance zones.
The broader indices followed suit with Bank Nifty down 82 points at 55,880, and Nifty Midcap easing 13 points to 57,390. Overall sentiment remained subdued due to a mix of domestic earnings uncertainties and adverse global cues.
Key Pressure Points:
Market analysts noted that GIFT Nifty hinted at a weak open due to intensified bearish sentiment. Prashanth Tapse, SVP at Mehta Equities, highlighted a cocktail of negatives—Trump's tariff escalation, hawkish Fed commentary, sluggish Q1 earnings, and continued FII selling—weighing on investor sentiment. Technically, Nifty faces a ceiling near the 25,000 mark, limiting upward movement.
In the U.S., despite Microsoft crossing $4 trillion in market cap, Wall Street indices ended in the red amid mixed reactions to Big Tech earnings and anticipation around the July jobs report.
Early Gainers & Laggards (Nifty 50):
Top Gainers:
Hindustan Unilever
Eicher Motors
Maruti Suzuki
Nestle India
Tata Consumer Products
Top Laggards:
Sun Pharma (-5%)
Dr. Reddy’s Laboratories
Mahindra & Mahindra
Infosys
ONGC
Other key stocks under selling pressure included ICICI Bank and Larsen & Toubro, adding to the overall weakness in the market.
Global Impact:
Asian markets followed the U.S. trend downward, reacting to Donald Trump’s newly implemented reciprocal tariffs, ranging from 10% to 41%, aimed at balancing trade terms with major global partners. These changes have injected fresh volatility into already nervous markets.
Earnings to Watch Today:
Investors will be closely eyeing earnings reports from:
Adani Power, ITC, Tata Power, LIC Housing Finance, UPL
Delhivery, Godrej Properties, GSK Pharma, Graphite India
JK Lakshmi Cement, GR Infraprojects, MCX India, Symphony, Tube Investments
Jupiter Life Line Hospitals, Narayana Hrudayalaya
These results are expected to offer direction to the markets for the remainder of the week.
Disclaimer : This article is for informational purposes only and should not be considered investment advice. Readers are encouraged to consult a certified financial advisor before making investment decisions.