Stock market today: A day after the decision to impose 25 percent tariff on Indian goods, its impact on the Indian domestic market is clearly visible on Thursday 31 July 2025. These new rates of these tariffs will be applicable from Friday 1 August. After this, the Sensex was broken 540 points as soon as the fourth trading day of the week started, while the Nifty on NSE opened below 24700. Along with this, the rupee opened 27 paise against the dollar and opened at 87.69 today as compared to 87.42. Today, the shares that are seen falling drastically include textile and seafood. The shares of Avanti Feeds, Apex Frozen Foods and Waterbase Limited, who exported shrimp fish from India to India have seen a tremendous decline of up to 6 percent.
Tariff on India affects the market:
This announcement has been made by President Trump at a time when no consensus has been reached on the trade agreement between the two countries. Investors now look at how the market reacts. Earlier, the Gifty Nifty Futures fell 0.73 percent in the market to trade at 24,675, indicating the weak start of Dalal Street.
On the other hand, the US Federal Reserve did not make any changes in interest rates for the fifth consecutive time. After this, now the hope of cutting a possible rate in September is now weakened.
Delay delay uncertainty
America’s decision to impose fresh tariffs on India has a direct impact on the stock market. Talking to reporters, US President Trump said that the conversation is still going on, but he warned that 25 percent tariffs would be imposed on Indian goods from Friday.
Trump said that he is one of the countries where the most tariffs are imposed, and he is willing to cut it. He further said that we are currently talking to India and will see what happens next. We will get clarity about this by the end of the week. Along with this, Trump has also announced additional compensation on India to buy oil from Russia, which can affect the countries buying oil from other Moscow including India.
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