Synopsis : Indian equity markets slipped deeper into the red as US President Trump ruled out trade negotiations with India amid the ongoing tariff dispute. Selling pressure intensified across sectors, with metals, realty, and telecom leading the losses.
Stock Market LIVE – August 8, 2025:
Indian benchmark indices continued their downward spiral on Friday, hit by renewed trade tensions between India and the United States. At 11 AM, the BSE Sensex had dropped 560 points to 80,063, while the Nifty50 slipped 186.6 points to 24,409.55, marking a third consecutive session of sharp declines.
The bearish momentum deepened after US President Donald Trump confirmed that no trade negotiations would take place with India until the ongoing tariff dispute is resolved. The 50% cumulative tariff on Indian exports has raised serious concerns about the near-term outlook for India's external trade and corporate earnings.
Market Overview:
Sensex: Down 560 pts (-0.69%)
Nifty50: Down 186.6 pts (-0.76%)
Nifty Midcap100: Down 1%
Nifty Smallcap100: Down 0.63%
The broader markets echoed the weak sentiment, while 14 out of 16 sectoral indices were in the red.
Sectoral Snapshot:
Worst Performing Sectors:
Nifty Realty: -1.2%
Nifty Metal: -1.1%
Nifty Auto, Bank, Energy, Pharma, IT: All lower
Gainers:
Nifty Oil & Gas
Nifty Media
Top Losers (Sensex Constituents):
Bharti Airtel: -3%
Adani Ports
Axis Bank
Reliance Industries
Tata Motors
Top Gainers:
Titan
NTPC
ITC
Bajaj Finance
Tech Mahindra
Q1 Results to Watch Today:
A packed earnings calendar includes SBI, Tata Motors, Siemens, Grasim Industries, and over 20 other mid and small-cap firms such as Afcons Infrastructure, Cupid, Garden Reach Shipbuilders, and Manappuram Finance.
Investors will be closely monitoring these results for cues on how companies are navigating global headwinds and domestic economic indicators.
Global Impact:
Trump's hardline stance has fueled volatility not just in India but across emerging markets, raising fears of a prolonged trade war, weakening investor appetite.
Disclaimer : This article is for informational purposes only and does not constitute investment advice. Please consult a financial advisor before making investment decisions.
