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Stock Market Today: Nifty Ends 1% Lower, Sensex Slumps Nearly 850 Points As Tariff Tensions Weigh

Reliance Industries Ltd., ICICI Bank Ltd., and HDFC Bank were top detractors in the NSE Nifty 50 index.

<div class="paragraphs"><p>The NSE Nifty 50 and BSE Sensex fell significantly as tension increased before the US tariff deadline on Aug 27. (Photo: Freepik)</p></div>
The NSE Nifty 50 and BSE Sensex fell significantly as tension increased before the US tariff deadline on Aug 27. (Photo: Freepik)
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The NSE Nifty 50 and BSE Sensex ended sharply lower tracking losses in heavyweight stocks as trade tensions weighed. US is proceeding with its decision to tax Indian imports 50% as the White House drafted papers for it. Losses in global markets weighed on Indian markets too. Defence and realty stocks underperformed benchmark indices.
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And that's all for NDTV Profit's live market coverage on Tuesday. Thank you for joining us. We wish you Happy Ganesh Chaturthi!


Rupee Closes Weaker Against US Dollar

  • Rupee closed 10 paise weaker at 87.68 against US dollar

  • It closed at 87.58 a dollar on Monday

Source: Bloomberg


Closing Bell: Nifty, Sensex End Sharply Lower As US Set To Impose 50% Tariff

  • Benchmark Outperformed Broader Market Indices

  • Nifty fell over 200 points from the day’s high

  • Nifty close at its lowest point of last 7-days

  • Shriram Finance and Sun Pharma fell the most in Nifty

  • Nifty Midcap 150 fell over 1.5% for the day, drag by Vodafone Idea and FACT

  • Nifty Midcap 150 fell for the 4th consecutive day.

  • Nifty smallcap 250 fell nearly 2% for the day, drag by Swan Energy and Balrampur Chini Mills

  • Nifty Realty, PSU Bank and Oil and Gas drag the gains in Nifty

  • All sectoral Indices lose in Trade Barring Nifty FMCG

  • Nifty FMCG gains nearly 1% for the day, led by Britannia Industries and HUL

  • Nifty Realty emerges as the top losing sector, drag by Godrej Industries and Prestige Estate

  • Nifty FMCG snaps -day losing streak.

  • Nifty Bank and Financial Services fell for the 3rd consecutive day

  • Nifty pharma snaps 3-day gaining streak as trump said he will cut U.S. drug prices by 1,400% to 1,500%.

  • Nifty pharma snaps 3-day gaining streak as trump said he will cut U.S. drug prices by 1,400% to 1,500%.

  • Zydus lifesciences and Sun Pharma fell over 3% in Nifty Pharma

  • Nifty PSU Bank fell for 5th day in a row.

Markets are closed on Aug 27 for celebration of Ganesh Chaturthi.

Stock Market Today: Nifty Ends 1% Lower, Sensex Slumps Nearly 850 Points As Tariff Tensions Weigh

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