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The stock market benchmark index sense and Nifty declined on Friday (August 1, 2025) amid tariffs related to tariffs and constant foreign funds.
The 30-one BSE Sensex fell from 111.17 points to 81,074.41 to open the business. 50-Sare NSE Nifty dropped 33.45 points, to 24,734.90.
India will face a tariff of 25% on its exports to the US as President Donald Trump issued an executive order listing various duties that Washington would apply to exports from countries around the world.
From Sensex Firms, Sun Pharma tumbled for more than 5%, when the company recorded a decline of 20% in consolidated net profit in consolidated net profit for the first quarter to end on June 30, 2025.
Mahindra and Mahindra, Tata Steel, Tata Motors, Infosys and Larsen and Toubro were also among the legs.
Hindustan Unilever, ITC, Asian Paints and Maruti were among the beneficiaries.
In the executive order to ‘further interpersonal tariff rates’, Trump announced tariff rates for about 70 countries.
According to the list released, India has been imposed 25% “mutual tariffs, adjusted”. The Executive Order, however, does not mention the “fine” that Mr. Trump said that India would have to pay due to the purchase of Russian military equipment and energy.
According to exchange data, foreign institutional investors (FII) on Thursday launched a price of ₹ 5,588.91 crore.
“The August series begins on a weak note after a 3.1% dip in the Nifty in July. In the near period, the market will be affected by tariff-related news. Because the date of implementation of the revised tariff rates is on 7 August, which gives time to countries to interact and bring the tariff down. This can happen.
VK Vijaykumar, the main investment strategist at Geogit Investments Limited, said, “Yesterday’s market action indicates that the market sees 25% tariff as a short -term issue. The rate is likely to decrease after the next round of conversation starting from this month.”
He said that continuous sale by FII is a negative.
Among the Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite Index and Hong Kong Hong Seng were doing less trading.
The US markets ended in the negative region on Thursday.
“Key drugs include Trump’s tariff hike, Hawkish Fed Signal, Soft Q1 Income, FII selling and deteriorating technical setups.”
Global Oil Benchmark Brent crude declined by 0.97% to $ 72.53 per barrel.
On Thursday, Sensex fell by 296.28 points or 0.36%, settling at 81,185.58. The Nifty fell 86.70 points or 0.35% to 24,768.35.
Published – 01 August, 2025 10:29 AM IST
