Saralnama
The Indian stock market indices Sensex and Nifty closed lower on August 26 and 28, 2025, with Sensex falling 849 points (1.04%) to 80,786.54 and Nifty dropping 255.7 points (1.02%) to 24,712.05. The declines were influenced by the US imposing 50% tariffs on Indian imports starting August 27, which dampened market sentiment. Heavyweights Reliance Industries and ICICI Bank contributed to the losses. Sectoral indices, except FMCG, ended in the red, with PSU Bank, metal, pharma, oil & gas, consumer durables, realty, and telecom sectors down 1-2%. Foreign portfolio investors sold stocks worth approximately Rs 6,580 crore, while domestic institutional investors bought stakes worth Rs 6,808 crore. Despite positive cues from Asian markets, the domestic market faced pressure due to global factors and tariff concerns. The Nifty breached key technical supports and is near critical support levels, with resistance expected around 24,900. Market participants are watching derivative contract expiry and put writing activity for short-term trends. The BSE Sensex has declined slightly over the past month and year, with forecasts suggesting further moderate declines in the coming months. (Updated 28 Aug 2025, 09:46 IST; source: link)