logo
Stock Market Today LIVE Updates: Sensex crashes over 500 points, Nifty 50 around 24,700 after Trump tariffs

Stock Market Today LIVE Updates: Sensex crashes over 500 points, Nifty 50 around 24,700 after Trump tariffs

Mint5 days ago
31 Jul 2025, 11:40 AM IST
Stock Market Today LIVE: FMCG stocks outperformed in an otherwise weak market on Thursday, buoyed by HUL Q1 results. Shares of Hindustan Unilever, Godrej Consumer Products, Emami, United Spirits, Dabur, Marico, Britannia Industries, and ITC were among the top gainers in the Nifty FMCG index, each rising over 1%.
31 Jul 2025, 11:33 AM IST
Stock Market Today LIVE: Indian stock market benchmark indices, Sensex and Nifty 50, rebounded from day's low levels, but were still trading in the red. The Sensex was down over 200 points as against more than 700 point-loss at the opening, and the benchmark Nifty 50 near 24,800 level.
31 Jul 2025, 11:18 AM IST
Stock Market Today LIVE: Shares of Indian seafood exporters declined sharply on Thursday following the announcement of new tariffs by US President Donald Trump. Stocks such as Avanti Feeds, Apex Frozen Foods, Zeal Aqua, and Waterbase fell over 6% after the US imposed a 25% tariff on Indian exports.
Avanti Feeds share price slipped as much as 6.62%, while Apex Frozen Foods declined 6.48%. Zeal Aqua shares fell 4.05%, and Waterbase was down 4.45% on the BSE.
31 Jul 2025, 10:53 AM IST
Stock Market Today LIVE: The US tariff will have little impact on India's 2HFY26E earnings recovery trajectory, as high-weightage sectors such as financials, consumption, and technology are unaffected. There may be a short-term selloff as the markets are already fragile with weak earnings momentum (1QFY26 numbers are tepid) and little valuation comfort, with most indices trading at LTA+ PER. The main sectors that are affected are textiles, auto ancillaries, chemicals and, possibly, OMCs, if Russian crude imports are stopped, said Madhavi Arora, Lead – Economist at Emkay Global Financial Services Ltd.
There are potential risks to pharma and EMS if the current exemptions are terminated in the new 25%+ regime (not known yet). We believe the 25%+ regime is the worst-case scenario and the final bilateral deal could be reached with a lower tariff. In any case, a meaningful correction is an opportunity to buy the market with consumer discretionary and industrials as the key sectors, she added.
31 Jul 2025, 10:31 AM IST
Stock Market Today LIVE: Indian stock market has partially discounted US tariffs announcement by underperforming the global peers over past few weeks, and markets will attempt to recover from these initial losses as the day progresses. Today's monthly derivative expiry may add another layer of volatility to trading, said Devarsh Vakil, Head of Prime Research at HDFC Securities.
According to him, recent swing lows of 24,598 and 24,473 could now act as immediate support levels. On the higher side, the band of 24,900 - 25,000 would continue to serve as a substantial hurdle for the Nifty 50, indicating resistance for any upward moves.
31 Jul 2025, 10:06 AM IST
Stock Market Today LIVE: Mixed Wall Street cues, countdown to August 1st tariff deadline and Fed meet, FPI outflows may continue to dominate trade setup on Dalal Street. Participants may gradually build positions over next few days as fresh series post July expiry may prove to be rewarding as large part of FED meet and tariff uncertainty may get over by the end of the week, said Vikram Kasat, Head - Advisory, PL Capital.
31 Jul 2025, 09:45 AM IST
Stock Market Today LIVE: A ten-fold rise in tariffs will be a drag on growth, to the extent of 20-30 bps. But, it would be a mistake to extrapolate the announced tariffs to eternity. We expect a trade deal in the next 6 months leading to reductions in the rate of tariffs, maybe in the region of 15%. Meanwhile, do expect a small cut to EPS estimates of major indices as the correlation of GDP growth and corporate profitability is highest for India vs. peers, said Jyoti Prakash, Managing Partner, Equity and PMS at AlphaaMoney
31 Jul 2025, 09:33 AM IST
Stock Market Today LIVE: Dr Reddy's Laboratories, Reliance Industries, Bharti Airtel, M&M and Adani Enterprises were the top losers among the Nifty 50 constituents. On the other hand, Jio Financial Services, Eternal, PowerGrid Corporation of India JSW Steel and SBI Life Insurance Company were the top gainers.
31 Jul 2025, 09:29 AM IST
Stock Market Today LIVE: There is a short-term hit to Indian exports and GDP growth from 25% tariff on India by the US. This short-term hit will reflect in the stock market, too, in the short-term. From the investor perspective it is important to understand that the 25% tariff will come down after the negotiations which start in mid-August. The 25% tariff imposed on India is far higher than the rates reached in trade deals with other countries. This is the typical Trumpian strategy to get better deals from India in other areas and finally settle at a tariff rate around 20% or less, said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.
Nifty 50 is unlikely to go below the support level of 24,500. Investors can buy the dip focusing on domestic consumption themes, particularly segments like leading private sector banking names, telecom, capital goods, cement, hotels and select autos which have done well in Q1, he added.
31 Jul 2025, 09:21 AM IST
Stock Market Today LIVE: Broader market slipped, in line with the benchmark indices Sensex and Nifty 50. The Nifty Midcap 100 and the Nifty Smallcap 100 indices traded 1.1% lower each. All the sectoral indices traded in the red, with the Nifty Pharma, Nifty Auto, Nifty Realty, Nifty Oil & Gas sectors declining over a percent each.
31 Jul 2025, 09:16 AM IST
Stock Market Today LIVE: Indian stock market opened sharply lower on Thursday after US President Donald Trump announced 25% tariffs on Indian goods. Sensex crashed 786.36 points, or 0.97%, lower at 80,695.50, while the Nifty 50 opened 212.80 points, or 0.86%, lower at 24,642.25. Bank Nifty index opened 422.55 points, or 0.75%, lower at 55,728.15.
31 Jul 2025, 08:50 AM IST
Stock Market Today LIVE: Asian markets traded mixed on Thursday as investors assessed Bank of Japan's policy decision to hold interest rates. Japan's Nikkei 225 rallied 0.90% and the Topix index gained 0.3%. South Korea's Kospi index fell 0.06%, while Hong Kong's Hang Seng index declined 0.9%.
31 Jul 2025, 08:47 AM IST
Stock Market Today LIVE: US stock market ended Wednesday's choppy session mixed, after the Federal Reserve kept the interest rate unchanged and as Chair Jerome Powell dampened expectations of a rate cut in the September meeting. The Dow Jones Industrial Average declined 171.71 points, or 0.38%, to 44,461.28, while the S&P 500 fell 7.96 points, or 0.12%, to 6,362.90. The Nasdaq Composite closed 31.38 points, or 0.15%, higher at 21,129.67.
31 Jul 2025, 08:41 AM IST
Stock Market Today LIVE: Gift Nifty was trading around 24,682 level, a discount of nearly 187 points from the Nifty futures' previous close, indicating a gap-down start for the Indian stock market indices.
31 Jul 2025, 08:39 AM IST
Stock Market Today LIVE: The Indian stock market is expected to open sharply lower on Thursday, 31 July 2025, after the US President Donald Trump announced a 25% tariff on Indian goods. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark indices, Sensex and Nifty 50.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Indian tennis legend Sania Mirza makes BIG move, will be seen in role as…
Indian tennis legend Sania Mirza makes BIG move, will be seen in role as…

India.com

time6 minutes ago

  • India.com

Indian tennis legend Sania Mirza makes BIG move, will be seen in role as…

Sania Mirza has joined as brand ambassador of TPL team. (Photo: Instagram) Sania Mirza announced her retirement from professional tennis back in 2023. She is a former world No. 1 doubles player and won six Major titles in her illustrious career – three in women's doubles and three in mixed doubles. Sania, who is 38 years of age now, will be seen in a new role now. Hygiia Ventures, a Canadian-backed investment firm founded by entrepreneur Gaurav Agarwal, has acquired the Gurgaon Grand Slammers franchise in the Tennis Premier League (TPL) ahead of their seventh season. Indian tennis icon Sania Mirza will be their brand ambassador. TPL is the 4th Indian sports league to successfully enter their seventh season, joining an elite group of long-running sporting leagues in India. Known for its fast-paced, viewer-friendly format and a mix of international stars and emerging Indian players, the league continues to attract top investors and global attention. Gurgaon Grand Slammers marks another international investment into the TPL ecosystem. Gaurav Agarwal, whose ventures span digital research, consumer intelligence, and global investments across 80+ companies, sees this move as a natural step. 'Sports have always held a special place in my heart, not just as a father to a passionate young tennis player but also as someone who admires the discipline it brings. Acquiring a team in the Tennis Premier League is a meaningful way for us to support emerging Indian talent while expanding our investments into sports and franchise management.' Why did Sania Mirza join as brand ambassador? Sania Mirza is running successful tennis academies in Dubai and Hyderabad after her retirement from professional tennis. She has reported net worth of over Rs 216 crore with majority of her income coming from brand endorsements, real estate investments and incomes from her tennis academy. 'I'm thrilled to be associated with a team that values both talent and innovation. Gaurav's vision aligns perfectly with what Indian tennis needs—structured, long- term investment. I'm looking forward to supporting the Gurgaon Grand Slammers this season,' Sania Mirza. Welcoming the new franchise, Kunal Thakkur, Co-Founder of TPL, said, 'Season 7 is a milestone for us, and the addition of Gurgaon Grand Slammers strengthens the league further. With Gaurav's business expertise and Sania's tennis legacy, this team is set to make an impact.' The Gurgaon Grand Slammers will make their debut in Season 7 of the Tennis Premier League, further expanding the league's footprint and global appeal. Sania Mirza got divorce from husband Shoaib Malik in 2024 A year after her retirement, Sania Mirza got divorce from her husband and former Pakistan cricketer Shoaib Malik in 2024. Sania shuttles her time between Dubai and Hyderabad to take care of her son Izhaan Mirza Malik. Shoaib Malik has married for the third time to Pakistan TV actress Sana Javed.

3 reasons behind Trump's continued rants against India
3 reasons behind Trump's continued rants against India

First Post

time6 minutes ago

  • First Post

3 reasons behind Trump's continued rants against India

From India's refusal to bend on trade terms to its rejection of Trump's claims about brokering peace, the reasons behind his rants reveal a deeper clash of priorities between the two nations. read more US President Donald Trump's ongoing verbal attacks on India have raised eyebrows, with his criticisms rooted in a mix of trade frustrations, geopolitical posturing, and personal grievances. From India's refusal to bend on trade terms to its rejection of Trump's claims about brokering peace, the reasons behind his rants reveal a deeper clash of priorities between the two nations. India's firm stance on farm sector At the heart of Trump's ire is India's refusal to bow to US demands in trade negotiations. Trump has repeatedly expressed frustration over India's unwillingness to conclude a trade deal on his terms, particularly its protectionist stance on agriculture. India's agricultural sector is a cornerstone of its economy, contributing 18.4 per cent to the country's Gross Value Added (GVA) in 2022–23. STORY CONTINUES BELOW THIS AD For millions of Indian households, farming isn't just a job—it's a lifeline. With a majority of the workforce tied to agriculture, especially in rural and semi-urban areas, crop income serves as both a livelihood and a buffer against economic uncertainty. This makes the farm sector a politically sensitive issue, leaving little room for compromise. Indian negotiators have consistently stressed that protecting this sector is non-negotiable, a stance that has frustrated US efforts to open India's markets to American agricultural imports. The India-Pakistan narrative: A claim India rejects Another sore point for Trump is India's outright rejection of his repeated assertions that he played a key role in preventing a war between India and Pakistan. Since May 10, Trump and his team have claimed nearly 30 times that the United States brokered peace between the nuclear-armed neighbours. However, Indian Prime Minister Narendra Modi has firmly denied these claims. During a parliamentary debate on 'Operation Sindoor,' the military campaign launched against Pakistan in May, Modi stated, 'No world leader asked us to stop the operation.' While he avoided naming Trump directly, the message was clear: India denies any foreign mediation in the conflict. Pakistan, on the other hand, has acknowledged Washington's involvement, creating a stark contrast in narratives. Trump's insistence on taking credit for averting a full-scale war may stem from his need for a foreign policy win. Having failed to deliver on his promise to end the Russia-Ukraine war on 'Day One' of his presidency, Trump appears eager to claim a diplomatic victory in South Asia. India's refusal to validate his narrative has only fueled his frustration. STORY CONTINUES BELOW THIS AD The Nobel Peace Prize snub Adding insult to injury, India has distanced itself from the White House's suggestion that Trump deserves a Nobel Peace Prize for his supposed role in brokering peace globally, including between India and Pakistan. White House Press Secretary Karoline Leavitt touted Trump's diplomatic achievements, but India's Ministry of External Affairs spokesperson Randhir Jaiswal brushed off the claim. 'As far as the statements of the White House are concerned, please take your question to them,' Jaiswal said, redirecting inquiries back to Washington. Trump's rants against India reflect a broader clash of national priorities. India's focus on protecting its agricultural sector and energy security runs counter to US demands for open markets and geopolitical alignment.

ONGC, RIL, HPCL: Nifty Oil & Gas slips 1%; check reasons, recommendations
ONGC, RIL, HPCL: Nifty Oil & Gas slips 1%; check reasons, recommendations

Business Standard

time6 minutes ago

  • Business Standard

ONGC, RIL, HPCL: Nifty Oil & Gas slips 1%; check reasons, recommendations

Oil & gas-related stocks were under pressure in trade on Tuesday, August 5, 2025. On the National Stock Exchange (NSE), the Nifty Oil & Gas index declined 1.3 per cent to day's low at 11,001.25. Last checked, 12 out of 15 stocks were trading with losses on Nifty Oil & Gas. Among others, Mahanagar Gas was down 2.9 per cent, Hindustan Petroleum Corporation 1.57 per cent, Petronet LNG 1.54 per cent, Reliance Industries (RIL) and Gail India were down 1 per cent. Why are oil & gas stocks falling? The sell-off in the stocks came after US President Donald Trump on Monday stepped up pressure on New Delhi, threatening to 'substantially' raise tariffs on inbound shipments from India over the purchase of a 'massive' amount of Russian crude oil. 'India is not only buying massive amounts of Russian oil, they are then, for much of the oil purchased, selling it on the open market for big profits. They don't care how many people in Ukraine are being killed by the Russian war machine. Because of this, I will be substantially raising the tariff paid by India to the US,' he wrote on Truth Social. India imports a third of its total crude from Russia, making the country New Delhi's largest crude supplier. India is also the second-largest buyer of Russian crude, after China. India imported about 1.75 million barrels per day of Russian oil from January to June this year, up 1 per cent from a year ago, according to news agency Reuters. Responding to Trump's statement, the Ministry of External Affairs (MEA) called the move 'unjustified and unreasonable.' The ministry stressed that India's energy ties with Russia are driven by national "necessity" and are far smaller in scale compared to trade between Russia and the West. How will India's stoppage of Russian crude imports hit Oil & Gas companies? JM Financial Institutional Securities believes that if India stops importing crude oil from Russia, it could hit Indian refiners' gross refinery margins (GRM) by $1-1.5 per barrel, as the Russian crude discount is $3-4 per barrel. Additionally, Russian crude constitutes 30-40 per cent of India's crude requirement. Every $1 per barrel will have a negative impact on FY26 Earnings before interest, tax, depreciation and amortisation (Ebitda) of— 8-10 per cent for oil market companies (OMCs); 20-25 per cent for Mangalore Refinery & Petrochemicals/Chennai Petroleum Corporation; and 2 per cent on RIL's consolidated Ebitda. What to do with oil & gas stocks? JM Financial has maintained a 'Sell' rating on Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOCL). The brokerage has reiterated its 'Hold' call on Bharat Petroleum Corporation (BPCL). JM sees the risk-reward not favourable for HPCL, BPCL and IOCL, given their aggressive capex plans, valuations being 10-30 per cent above the historical average (at 1.4x FY27 PB for HPCL/BPCL and 0.9x FY27 PB for IOCL) and risks to sustainability of current high marketing margin. On Oil and Natural Gas Corporation (ONGC) and Oil India, the brokerage has maintained 'Buy' as it believes they are key beneficiaries of high crude price, while their current marlet prices are discounting $60 per barrel crude realisation; every $1 per barrel higher oil price boosts their consolidated earnings per share (EPS) by 1.3-1.8 per cent.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store