Saturday, August 2, 2025

Creating liberating content

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has

Related News

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Brent crude prices could climb to $80 per barrel in the coming months amid escalating tensions between the United States and Russia, predicts oil market analysts. The forecast came after

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

Volvo Cars India has revised its earlier strategy of transitioning to an all-electric portfolio, opting instead to continue selling both electric and internal combustion engine (ICE) vehicles in the country.

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

NEW DELHI: On a day when US notified additional levies for countries, with 25% imposed on Indian exports, govt hardened its position asserting that farm and dairy products, genetically modified

Trending News

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Ever since President Trump began raising tariffs on goods from China during his first term, Chinese companies have raced to set up warehouses and factories in Southeast Asia, Mexico and

New Delhi: Goods and services tax (GST) collections rose 7.5% to Rs 1,95,735 crore in July, showing signs of a pick-up from the previous month, although the growth was slower

Mumbai: UPI transactions reached a new peak in July 2025, with a record 1,947 crore transactions worth nearly Rs 25.1 lakh crore. This marked a 35% year-on-year growth in transaction

Stock market today: BSE Sensex tanks over 350 points; Nifty50 below 23,450

Word Count: 723 | Estimated Reading Time: 4 minutes


Stock market today: BSE Sensex tanks over 350 points; Nifty50 below 23,450
The market will closely observe the effects of reciprocal tariffs beginning April 2 and their impact on worldwide commerce. (AI image)

Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in trade on Tuesday morning. While BSE Sensex plunged over 350 points, Nifty50 went below 23,450. At 9:17 AM, BSE Sensex was trading at 77,046.41, down 369 points or 0.48%. Nifty50 was at 23,431.40, down 88 points or 0.37%.
The Indian equity markets showed limited movement in the previous week, ending with slight gains following the sharp recovery seen earlier. In the coming days, traders will focus on international developments due to limited domestic catalysts. The market will closely observe the effects of reciprocal tariffs beginning April 2 and their impact on worldwide commerce.
Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “Globally markets are focused on the details of Trump’s reciprocal tariffs to be announced tomorrow. The market trends after the announcements will depend on the details of the tariffs and how they will impact different countries and sectors. India outperformed most markets in March with 6.3% return. FIIs turning buyers and the consequent short covering contributed to the rally. Can the rally continue or will there be another downturn? This will depend mainly on what Trump announces in tariffs. If the tariffs are lower-than-feared there can be a rally in the market which will be led by externally linked sectors like pharmaceuticals and IT. On the other hand if the tariffs are severe there can be another round of downturn in the market. Investors can wait and watch and respond after the details are known.”
Also Check | Top stocks to buy: Stock recommendations for the week starting April 1, 2025
The first quarter of 2025 saw the S&P 500 and Nasdaq Composite register their poorest quarterly results since 2022, with US equity markets affected by unclear signals regarding the Trump administration’s financial policies.
Asian equities advanced with gains in Australian, Japanese and South Korean markets, whilst US equity-index futures declined in early Asian sessions. The S&P 500 registered its first increase after three sessions, although US equities recorded their poorest quarterly performance against global markets since 2009. Bond prices retreated from their daily peaks as stocks recovered.
Foreign portfolio investors were net sellers of Rs 4,352 crore on Friday, whilst domestic institutional investors purchased shares worth Rs 7,646 crore.
FIIs’ net short position decreased from Rs 30,555 crore on Thursday to Rs 49,007 crore on Friday.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account