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Sensex Slips 706 pts, Nifty Down 0.7% in Opening Session
August 29, 2025
|The Business Guardian
Stock market benchmark indices tumbled on Thursday, with the Sensex cracking 706 points, as the additional 25 per cent tariff imposed by US President Donald Trump on India for its purchases of Russian oil came into effect.
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Besides, persistent foreign fund outflows also dented investors' sentiment leading to a steep fall in two consecutive sessions.
The additional 25 per cent tariff imposed by the US on India came into effect on Wednesday, bringing the total levies on Indian goods to 50 per cent.
The Nifty 50 index began the day at 24,695.80, marking a decline of 16.25 points or 0.07 per cent. Similarly, the BSE Sensex opened at 80,754.66, down by 31.88 points or 0.04 per cent.
Market experts noted that the immediate impact of tariffs has weighed on confidence, though upcoming reforms and policy measures by the government may provide support in the near future.
هذه القصة من طبعة August 29, 2025 من The Business Guardian.
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