Indian markets are in deep disappointment after US President Donald Trump's 25% tariff!
down a day earlier. The 30-share BSE index ended 296 points or 0.36 per cent lower at 81, 185.58. Similarly, the Nifty50 on the NSE closed 86.70 points or 0.35 per cent lower at 24, 768.35.
The domestic market is witnessing huge disappointment after US President Donald Trump's new 25 per cent tariff on India. On the last trading day of the week, Friday, August 1, 2025, amid the ongoing uncertainty in the global market and the decline in the Asian market, the Sensex broke 175 points, while the Nifty is also trading below 24,750. However, the shares of Hindustan Unilever are seeing a rise of four percent.
India-US talks
Dr. Vijay Kumar, Chief Investment Strategist at Geojit Investment Limited, says that after the 3.1 percent decline in the Nifty in July, the market is witnessing a decline on the first day of August. He said that the news related to tariffs will continue to have a tremendous impact on the market.
However, the new tariff rates will come into effect on August 7, and before that, other countries have been given a chance to negotiate with the US. This is likely to lead to a reduction in tariffs. The tariffs are expected to be reduced after the next round of talks, likely earlier this month.
down a day earlier.
The 30-share BSE index ended 296 points or 0.36 per cent lower at 81, 185.58. Similarly, the Nifty50 on the NSE closed 86.70 points or 0.35 per cent lower at 24, 768.35.
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