On August 8, 2025, the Indian stock market closed sharply lower, with the Sensex and Nifty falling nearly 1% to a three-month low amid heightened US tariff concerns and persistent foreign fund outflows. Selling pressure across most sectors, particularly realty and metals, drove the decline, marking the sixth consecutive weekly loss for the benchmarks. Below is a precise summary of the day’s market performance, key drivers, and sectoral trends.
Market Performance
BSE Sensex: Fell 765.47 points (0.95%) to close at 79,857.79, with an intraday high of 80,623.26 and a low of 79,857.79.
NSE Nifty 50: Dropped 232.85 points (0.95%) to settle at 24,363.30, trading between 24,596.15 and 24,363.30 intraday.
Market Breadth: On the BSE, ~1,494 stocks advanced, 2,384 declined, and 133 were unchanged out of ~4,011 traded stocks. About 150 stocks hit the upper circuit, and 180 hit the lower circuit.
Volatility: The India VIX surged 12% to ~20.9, reflecting heightened uncertainty due to tariff worries and global sell-offs.
Key Drivers
US Tariff Concerns: US President Donald Trump’s decision to double tariffs on Indian goods to 50% intensified fears of trade disruptions, particularly for export-oriented sectors like textiles and gems.
Global Market Cues: Weak global markets, with the S&P 500 futures down 0.7% and Nikkei 225 (-2%), were driven by US recession fears and weak jobs data, exacerbating the bearish mood.
FII and DII Activity: Foreign Institutional Investors (FIIs) sold ~₹4,000 crore, intensifying pressure, while Domestic Institutional Investors (DIIs) bought ~₹2,000 crore, limiting losses.
Rupee Movement: The Indian rupee strengthened slightly to 87.66 against the US dollar, despite FII outflows, supported by RBI interventions.
Domestic Macros: Strong GST collections (₹2.01 lakh crore, May 2025) and an above-normal monsoon offered support, but tariff-related pessimism dominated.
Sectoral Highlights
Sectoral Trends: All sectoral indices ended in the red, with Nifty Realty (-2%), Metal (-2%), and Consumer Durables (-1.8%) leading losses. Nifty Bank and Financial Services fell ~1%.
Broader Market: BSE Midcap (-1.5%) and Smallcap (-1%) indices underperformed, reflecting broad-based selling.
Market Sentiment: The market opened lower and deepened losses, with GIFT Nifty futures at ~24,350 signaling a bearish outlook for the next session.
Corporate Developments
NTPC: Gained 1.59% after securing a 70,000-tonne green ammonia bid.
Titan Company: Q1 profit beat estimates at ₹1,030 crore vs. ₹936 crore expected, lifting shares 1.49%.
Biocon: Shares fell 4% after weak Q1 results, hitting ₹348.3 intraday.
Rossell Techsys: Hit a new high of ₹645.65, up 9%, on strong aerospace demand.
PG Electroplast: Tanked 20% to ₹588.80 after disappointing Q1 numbers.
Market Outlook
Technical Levels: Nifty support at 24,150–24,200, resistance at 24,475–24,500. Sensex support at 79,800–79,500, resistance at 80,700–81,300. A break below 24,200 could target 24,000.
Volatility Expectations: VIX at ~20.9 indicates high volatility, driven by tariff concerns and global cues.
Upcoming Triggers: India’s CPI data, US Federal Reserve comments, Q1 FY26 earnings, and US tariff developments will guide sentiment. Monsoon progress and oil prices remain critical.
Conclusion
On August 8, 2025, the Indian stock market closed at a three-month low, with the Sensex at 79,857.79 (down 0.95%) and Nifty at 24,363.30 (down 0.95%), driven by US tariff fears, FII selling, and weak earnings in realty and metals. NTPC and Titan bucked the trend, but a surging VIX signaled caution. Investors should monitor Nifty’s 24,200 support and focus on defensive sectors like pharma while staying vigilant for US trade and CPI data.
Disclaimer: Investments in securities are subject to market risks. Please consult a qualified financial advisor before investing.