Stock market today: The impact of 25 percent tariffs imposed by the US and the additional 25 percent punitive tariff is being clearly seen on the Indian market. The first phase of 25 percent tariff has come into force. The fourth trading day of the week, on Thursday 7 August 2025 at around 9.30 am, the 30 -share Sensex on BSE is trading at 80,412.94 with a decline of 250 points i.e.. At the same time, the Nifty 50 on NSE has also weakened and reached the level of 24,506.95.
New tariffs uncertainty in the market
Global trade stress and this tariff policy of America have negatively impact the notion of investors, which has increased selling pressure in the domestic market. Here, on Thursday, due to safe investment due to business tension in the two countries after the announcement of the new tariff on India towards President Trump, there has been a boom in the demand for gold. Gold spot rose 0.4 percent to $ 3,380.76 an ounce. US gold futures jumped 0.3 percent to $ 3,443.30.
The main investment strategist of Broking firm Jijit Financial Services, Dr. V.K. Vijay Kumar says that uncertainty has increased considerably due to low expectation of talks. However, there is definitely some possibility of negotiation before giving 21 days time before implementing 25 percent tariff. Nevertheless, uncertainty about business policy is still intact.
Trump’s action affects the market
Whereas, Mehta Equities, Senior Vice President (Research) Prashant Tapse says that due to heavy tariffs and heavy institutional investors’ selling on goods imported from India, the fall in the price of rupee and the deteriorating status of the Nifty, there is a possibility of dominance of Mandadis on Dalal Street.
He says that President Trump’s rhetoric and his actions will be affected in the near future on the stock market. However, despite Trump’s rhetoric and action, India’s reaction has been completely calm.
Also read: Which countries are big buyers of Russian oil and 50% tariff of US, why India’s situation is better
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