Stock markets dive; Sensex tanks 706 factors as steep 50% U.S. tariffs dent traders sentiment

Stock market benchmark indices tumbled on Thursday (August 28, 2025), with the Sensex cracking 706 factors, as the extra 25% tariff imposed by U.S. President Donald Trump on India for its purchases of Russian oil got here into impact.

Besides this, persistent international fund outflows additionally dented traders’ sentiment.

The further 25% tariff imposed by the U.S. on India got here into impact on Wednesday (August 27, 2025), bringing the full quantity of levies imposed on New Delhi to 50%.

The 30-share BSE Sensex tanked 705.97 factors or 0.87% to settle at 80,080.57. During the day, it dropped 773.52 factors or 0.95% to 80,013.02.

The 50-share NSE Nifty dived 211.15 factors or 0.85% to 24,500.90.

From the Sensex companies, HCL Tech, Infosys, Power Grid, Tata Consultancy Services, HDFC Bank, Hindustan Unilever, Bharti Airtel and ICICI Bank had been among the many main laggards.

However, Titan, Larsen and Toubro, Maruti and Axis Bank had been among the many gainers.

“Domestic equities ended lower as pessimism took hold following the implementation of tariffs on Indian goods, dampening investor sentiments. While the cotton import duty exemption briefly lifted hopes of policy support to counter tariff impacts, triggering a short-lived intra-day recovery, investor mood remained fragile, with largecaps declining and mid and smallcaps underperforming amid risk-off sentiment,” Vinod Nair, Head of Research, Geojit Investments Limited, mentioned.

The authorities on Thursday prolonged duty-free import of cotton by three extra months until December 31 to assist textile exporters going through steep 50 per cent tariffs within the U.S.

In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index and Shanghai’s SSE Composite index settled in constructive territory whereas Hong Kong’s Hang Seng ended decrease.

European markets had been buying and selling on a combined be aware.

The U.S. markets resulted in constructive territory on Wednesday (August 27, 2025).

Global oil benchmark Brent crude dipped 0.62% to $67.63 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities price ₹6,516.49 crore on Tuesday (August 26, 2025), in keeping with alternate knowledge. DIIs, nevertheless, purchased shares price ₹7,060.37 crore.

The home fairness markets had been closed on Wednesday (August 27, 2025) on account of Ganesh Chaturthi.

On Tuesday (August 26, 2025), the Sensex tanked 849.37 factors or 1.04% to settle at 80,786.54, and the Nifty dropped 255.70 factors or 1.02% to 24,712.05.