30-Syre BSE Sensex fell 270.92 points or 0.34% to 79,809.65. During the day, it fell from 338.81 points or 0.42% to 79,741.76. file. , Photo Credit: PTI
Equity benchmark Indices Sensx and Nifty fell on Friday (August 29, 2025), expanding their below journey until the third day, as investors continued under pressure due to high tariffs and outfall outfits of tireless foreign funds.
30-Syre BSE Sensex fell 270.92 points or 0.34% to 79,809.65. During the day, it fell from 338.81 points or 0.42% to 79,741.76.
50-Syre NSE Nifty decreased from 74.05 points or 0.30% to 24,426.85.
The US has imposed a 50% tariff on Indian goods entering the US since August 27. This high duty is expected to affect some labor-intensive areas such as textiles and leather and shoes and shrimp exports.
From Sensex firms, Mahindra and Mahindra fell by 2.96%, after which Reliance Industries lost 2.21%. Infosys, NTPC, Tata Motors and Tech Mahindra were also among the legs.
However, ITC, India Electronics, Trent and Larsen and Toubro were among the leading beneficiaries.
Meanwhile, Reliance Industries President and Managing Director Mukesh Ambani on Friday announced the introduction of the initial public offer of Reliance Jio in the first half of 2026.
Addressing RIL’s 48th annual general meeting, Ambani announced that Jio would now expand its operations abroad and develop its artificial intelligence technology.
On Thursday, Sensex gave 705.97 points or 0.87% tank to settle at 80,080.57. The Nifty dives from 211.15 points or from 0.85 percent to 24,500.90.
In the last three trading days, the BSE benchmark has fallen by 1,826.26 points or 2.23%, and the Nifty has tumbled 540.9 points or 2.16%.
“Investor Bhavna was cautious as the markets attempted to digest the full impact of the American tariff. The firmness of the issue is likely to increase the future competition of India’s exports in some areas.
Vinod Nair, head of research of Geojit Investments Limited, said, “Equity benchmarks, at least, weak with mid and smallcap segment, which are affected by risk, affected by risk.”
In the Asian markets, South Korea’s Kospi and Japan’s Nikkei 225 index decreased, while Shanghai’s SSE Composite Index and Hong Kong’s Hang Seng ended in the positive area.
Markets were doing less business in Europe.
The US markets ended more on Thursday.
Global Oil Benchmark Brent crude declined by 0.80% to $ 68.07 per barrel.
According to exchange data, foreign institutional investors (FII) on Thursday shut down the price of 3,856.51 crore, while domestic institutional investors (DII) bought shares of ₹ 6,920.34 crore.
Published – August 29, 2025 04:36 pm IST
