Synopsis : Indian stock markets fell sharply after the US imposed a 25% additional tariff on Indian exports, escalating trade tensions. Broader markets and metal stocks were hit hard, with investor sentiment turning bearish.
Stock Market LIVE – August 7, 2025:
Indian equity benchmarks faced significant selling pressure on Thursday after US President Donald Trump announced an additional 25% tariff on Indian exports to the United States. The action comes in response to India’s continued purchase of Russian crude oil, intensifying the geopolitical rift between the two nations.
This latest move brings the total tariff burden on Indian exports to 50%, severely impacting the competitiveness of Indian goods in global markets, particularly against Chinese counterparts. In a strongly worded statement, the Indian government condemned the move as “unfair, unjustified, and unreasonable.”
By 10:50 AM, the BSE Sensex had fallen 492 points to 80,051, while the NSE Nifty50 slipped 156.2 points to 24,418, indicating widespread selling across sectors.
Key Market Updates:
Sensex: Down 492 pts to 80,051
Nifty50: Below 24,450, down 156.2 pts
Broader Markets:
Nifty Midcap100: Down 0.62%
Nifty Smallcap100: Down 0.64%
Sectoral Snapshot:
Nifty Metal: Fell over 1%, dragged by:
Jindal Stainless
Adani Enterprises
SAIL
Hindustan Copper
NMDC
Tata Steel
Other Sectors:
All trading lower except Nifty Media, which remained flat or marginally green
Trade Tensions Escalate:
With global trade tensions flaring once again, especially between India and the US, market participants are closely watching for any retaliatory actions or diplomatic developments. The tariff escalation adds pressure on export-heavy companies and fuels fears of a global slowdown in trade.
Disclaimer : This article is for informational purposes only. It does not constitute financial or investment advice. Please consult a certified financial advisor before making any financial decisions.
