August 26, 2025
Banking

Sensex tanks 550 pts, Nifty 50 slips below 24,800 mark as tariff worries hit banking, pharma, metal stocks


Equity benchmark indices witnessed a sharp downturn as escalating global trade tensions weighed heavily on investor sentiment. The US issued a draft notice over the implementation of an additional 25 per cent tariff on Indian imports.

Both the Sensex and Nifty opened lower and extended losses, with the Nifty slipping below the 24,800 mark in the intraday trading session and the Sensex dropping nearly 695 points.

Alongside the tariff concerns, factors such as foreign fund outflows, a weaker rupee, and rising crude oil prices further deepened the bearish mood across sectors.

Sensex tanked 553.35 pts or 0.68 per cent to 81,082.56 at around 1.13 pm, after hitting an intraday low of 80,940.67. Nifty 50 depreciated by 164.40 pts or 0.66 per cent to 24,803.35, hitting a low of 24,755.60.

The smallcap index lagged 1.51 per cent, and midcap 100 declined a little ove 1 per cent. Most sectoral indices, including banking, financials, realty, and pharma, declined by over 1 per cent, while only the auto and FMCG sectors showed resilience.

Top gainers & losers intraday

Among the Sensex pack, Eicher Motor, HUL, Maruti, Nestle India and Asian Paints led the gainers with 1-3 per cent increase, while Shriram Finance, Sun Pharma, Tata Steel, Bajaj Finance and Hindalco depreciated by 1.5-3 per cent.

A total of 2,948 stocks were traded on the National Stock Exchange as at 1 pm, out of which only 783 advanced while 2,077 declined, and 88 remained unchanged, reflecting a broadly negative market sentiment.

Around 46 stocks touched their 52-week high including Maruti and VST Tillers, whereas 49 stocks slipped to their 52-week low, indicating mixed movement across counters. Additionally, 54 stocks were locked in the upper circuit, while 72 hit the lower circuit (such as SML Isuzu), highlighting volatility in select segments. The overall market capitalisation stood at ₹451.51 lakh crore (USD 5.16 trillion) as of August 25, 2025.

Midcap & smallcap movers

Ola Electric zoomed 5 per cent under the midcap segment, while Sona BLW, ATGL, KPIT Tech and LTF traded with a marginal rise of up to 2 per cent.

On the other hand, Vodafone Idea dragged the most, falling by 9 per cent. Indus Towers, Policy Bazaar, BSE and Bandhan Bank followed with 3-4 per cent fall.

Of the smallcap segment, BLS International, PVR Inox, CESC, Crompton and Titagarh rose 1-2 per cent, while PGEL, Angel One, KFin Tech, MCX and Go Digit General Insurance depreciated 4-5 per cent.

On the BSE, shares of KSB and Protean eGov rallied over 8 per cent, and Rallis, PGEL and JK Paper traded among major losers.

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istock.com

Published on August 26, 2025



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