On Tuesday, August 26, Indian markets plunged sharply after the U.S. government confirmed a 50% tariff on Indian exports.
At the closing bell, the Nifty 50 ended down by 225.70 points, or 1.02%, at 24,712.05, recording the highest intraday volumes in the last 3 months and witnessing the sharpest single-day fall since in over 3 months. The Sensex tumbled by 849.37 points, or 1.04%, to 80,786.54. The broader markets were weighed down by Realty and PSU Banking stocks.
The Nifty 50 index recorded losses due to multiple factors, witnessing heavy volumes in the last few minutes of trade. US tariffs taking effect from August 27, 2025. Global markets also traded lower, mirroring risk aversion, and crude oil hovered near a two-week high, stoking inflation fears.
On the sectoral front, 1 out of 11 key sectoral indices ended in positive territory. Meanwhile, broader indices like Nifty Midcap 100 and Smallcap 100 ended in the red.
Among individual stocks,
The Nifty FMCG index advanced 0.91%, emerging as the best-performing sectoral index. Britannia and Hindustan Unilever were the top gainers in the pack. On the flip side, the Nifty Realty index slipped 2.24%, making it the worst performer.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices ended on a negative note. The Mid-cap 100 index ended down by 1.62% and the Small-cap 100 index closed lower by 2.03%.
As of August 25, 2025, the market breadth was in favour of declining stocks. Out of 3,086 stocks traded on the NSE, 728 advanced, 2,280 declined, and 78 remained unchanged.
A total of 52 stocks touched their 52-week highs, while 68 hit their 52-week lows. Additionally, 57 stocks were locked in their upper circuits, whereas 90 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.
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