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Domestic market recovers from high US tariff shock
August 08, 2025
|The New Indian Express Bhubaneswar
DOMESTIC equity markets staged a sharp rebound on Thursday after opening with significant losses.
The weekly expiry day started on a weak note, with the benchmark indices- BSE Sensex and NSE Nifty - witnessing a steep gap-down opening.
The downturn was driven by geopolitical tensions after U.S. President Donald Trump signed an executive order levying an additional 25% tariff on Indian goods, raising total US tariffs on India to 50%.
Sensex, which fell more than 700 points to hit an intraday low of 79,824.61, closed the session at 80,623.26, while the Nifty rebounded from a fall of 220.80 points to settle above the 24,500 level. The broader midcap index edged up by 0.3%, while the smallcap index closed on a muted note.
هذه القصة من طبعة August 08, 2025 من The New Indian Express Bhubaneswar.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Bhubaneswar
The New Indian Express Bhubaneswar
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