Try GOLD - Free
Domestic market recovers from high US tariff shock
The New Indian Express Mangaluru
|August 08, 2025
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.
This story is from the August 08, 2025 edition of The New Indian Express Mangaluru.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Mangaluru
The New Indian Express Mangaluru
THE EVOLVING POLITICS OF CESS
I N moments of national anxiety, language hardens.
3 mins
December 16, 2025
The New Indian Express Mangaluru
₹ fall deepens as it closes at 90.73/$, weakens by 0.34%
THE rupee continued to weaken for the fourth consecutive day, breaching 90.75-mark during the intraday trade and closing at record low of 90.73 per dollar on Monday.
1 min
December 16, 2025
The New Indian Express Mangaluru
BJP demands apology over Modi slogans at Cong rally
. RS adjourned after uproar over 'threat'; Rijiju intensifies attack
1 mins
December 16, 2025
The New Indian Express Mangaluru
Mamata can't be univ chancellor, Murmu rejects bill to replace Guv
THE West Bengal government suffered a major setback on Monday after President Droupadi Murmu disapproved the West Bengal University Laws (Amendment) Bill, 2022.
1 min
December 16, 2025
The New Indian Express Mangaluru
S'PORE, CANADA, UK ISSUE DELHI AIR QUALITY ALERT
SINGAPORE, the UK and Canada have issued advisories cautioning their citizens about hazardous air quality in Delhi as pollution levels in the national capital worsened sharply, with the Air Quality Index (AQI) nearing 500 and remaining in the \"severe\" category.
1 min
December 16, 2025
The New Indian Express Mangaluru
Nabin takes charge; Shah, Nadda welcome new prez at party HQ
A day after being named as BJP's new working president, Nitin Nabin took charge of his new responsibility at the party headquarters here on Monday in the presence of Home Minister Amit Shah and outgoing national president JP Nadda.
1 min
December 16, 2025
The New Indian Express Mangaluru
Trying to flee cops, woman falls from 4th floor of hotel
A 21-year-old woman, who was allegedly drunk at a party in a hotel, was critically injured after she accidentally fell from the fourth floor of the hotel while trying to slither down by holding on to the sewage pipe after the police arrived at the scene.
1 min
December 16, 2025
The New Indian Express Mangaluru
Lack of road for ambulance leaves pregnant woman, unborn child dead
A pregnant tribal woman, Sukri Kumari, and her unborn child were killed in Jharkhand's Gumla due to a lack of roads in the village.
1 min
December 16, 2025
The New Indian Express Mangaluru
India's trade deficit falls to 5-month low of $24.53 bn in Nov; export rises by 15%
INDIA'S trade deficit in November has declined to a five-month low of $24.53 billion in November, primarily due to the fall in gold, oil and coal imports, while there has been a considerable rise in the exports to the US, showed the data released by by the Ministry of Commerce on Monday.
1 min
December 16, 2025
The New Indian Express Mangaluru
2 Babbar Khalsa terrorists held from Mumbai
THE Punjab Police have arrested from Mumbai two gangsterturned-terrorists linked with the banned terrorist organisation Babbar Khalsa International (BKI), and operating from overseas locations.
1 min
December 16, 2025
Listen
Translate
Change font size