Sensex, Nifty Defy US Tariffs, Stage Late-Day Rally
Indian stock markets displayed resilience on Thursday, August 7, 2025, closing higher despite the imposition of new US tariffs on Indian goods. The Sensex edged up 0.10%, while the Nifty gained 0.09%.
A late surge in buying activity fuelled the positive close, offsetting earlier anxieties. The impact of the US tariffs remains a key concern for investors.
The textile sector, in particular, is expected to face significant headwinds from these new duties. This could lead to job losses and reduced export competitiveness.
Foreign Institutional Investors (FIIs) continued their selling spree, offloading equities on Wednesday, August 6, 2025, adding to the market’s volatility.
The market’s ability to withstand this pressure is a positive sign, but the long-term impact of the US tariffs warrants close monitoring. The government’s response and support for affected sectors will be crucial in mitigating potential economic fallout.
