Sensex crashes 765 points, Nifty falls to 3-month low

Business Aug 08, 2025

India's stock markets had a rough Friday—Sensex dropped 765 points and Nifty fell 233, both hitting their lowest in three months.
This capped off another week of steady losses, a trend that's been running since April 2020.

Trump doubles tariffs on Indian imports

The big reason: US President Donald Trump doubled tariffs on Indian imports to 50% starting August 7, after already raising them last week.
The news sparked a massive sell-off, wiping out ₹5 lakh crore from the Bombay Stock Exchange in just one day.
While foreign investors pulled out nearly ₹5,000 crore, domestic funds stepped in and bought up stocks worth over ₹10,000 crore—helping cushion the blow for some companies like NTPC and Titan that still managed to gain ground.