The impact of US tariffs on the Sensex and Nifty
The Indian stock market ended lower on August 29, 2025, with the Sensex closing down 270.92 points at 79,809.65 and the Nifty slipping 74.05 points to 24,426.85. Market sentiment was affected by concerns over US tariffs on Indian exports and a cautious outlook following Reliance Industries' annual shareholder meeting. Despite the broader decline, consumer durables and FMCG sectors showed resilience, while metal, IT, realty, and auto sectors saw notable losses.
MARKET NEWS
8/29/20251 min read
On August 29, 2025, the Indian stock market indices closed lower after a turbulent session. The Nifty fell 74.05 points, or 0.30 percent, to close near 24,426.85, while the Sensex fell 270.92 points, or 0.34 percent, to close at 79,809.65. With 1838 shares rising, 2052 falling, and 147 remaining unchanged, the market's breadth was uneven.
Asian Paints, Trent, Bharat Electronics, ITC, and Shriram Finance were among the top Nifty gainers. Mahindra & Mahindra, Infosys, Apollo Hospitals, Adani Enterprises, and Reliance Industries were among the major decliners on the losing side. Additionally, the BSE Midcap and Smallcap indices experienced declines of 0.4 and 0.3 percent, respectively.
The overall cautious sentiment was reflected in the 0.5–1% declines in the metal, IT, real estate, and automotive sectors. On the other hand, industries including capital goods, consumer durables, media, and fast-moving consumer goods (FMCG) reported growth of between 0.2 and 1 percent, indicating areas of strength in the capital goods and consumer-centric sectors despite market volatility. The uneven performance suggests that investors are still unsure due to macroeconomic worries both at the domestic and international level.