Stock market close highlights: Sensex gains 812 pts from low, snaps 2-day

Stock market close highlights on Thursday, August 7, 2025: On the BSE, Tech Mahindra, Eternal (Zomato) and HCLTech were the top gainers while Adani Ports, Trent and HUL were among the major laggards.

Stock market close highlights on Thursday, August 7, 2025: Benchmark indices Sensex and Nifty50 staged a solid recovery, led by IT and Pharma stocks.

 

The Sensex recovered 811.97 points from day’s low (79,811.29) to end at 80,623.26 levels (up 0.10 per cent or 79.27 points). Similarly, Nifty recovered 252 pts from day’s low (24,344.15) to end at 24,596.15 levels (up 21.95 points or 0.09 per cent).

 

Earlier in the day, Sensex and Nifty fell after US President Donald Trump announced an additional 25 per cent tariff on Indian goods, effectively doubling the total tariff to 50 per cent.

 

The earlier 25 per cent tariffs on Indian imports, signed into effect last week, kicked in today. The newly announced tariffs will take effect on August 27, following a 21-day notice period. On the BSE, Tech Mahindra, Eternal (Zomato) and HCL Technologies were the top gainers while Adani Ports, Trent and Hindustan Unilever (HUL) were among the major laggards.

 

Similarly, on the NSE, Hero MotoCorp, Tech Mahindra and JSW Steel were the top gainers while Adani Enterprises, Adani Ports and Grasim were among the top losers.

 

Broader indices, too, recovered and ended in the positive territory. Nifty Midcap 100 index closed 0.33 per cent higher, while SmallCap settled 0.17 per cent higher

 

Sectorally, Nifty Pharma ended 0.75 per cent higher, IT (0.87 per cent), Media (0.99 per cent), Auto (0.25 per cent), PSU Bank (0.29 per cent) and Metal (0.13 per cent).

 

Nifty Realty and Oil and Gas were the only losers, down 0.13 per cent and 0.19 per cent, respectively.

6:42 PM

Stock Market LIVE Updates: FPI selloff may worsen as Trump ups India tariffs pressure

Stock Market LIVE Updates: The ongoing foreign portfolio investor (FPI) selloff in Indian markets may deepen further after the US President Donald Trump escalated tariff measures against India, which is already witnessing the highest outflows among emerging markets (EM).

 

According to Antique Stock Broking, India saw the highest FPI outflows among select EM, with $10.3 billion sold as of July-end. In the last 13 trading sessions alone, global funds have offloaded nearly ₹40,000 crore worth of shares, according to NSE data.

 

Analysts have largely attributed this to the tariff uncertainty triggered by Donald Trump's tariff-related policies. On Wednesday, Trump doubled India tariffs to 50 per cent on its purchases of Russian oil. READ MORE

6:41 PM

Stock Market LIVE Updates: India exploring new export markets amid US tariff hikes: MEA official

Stock Market LIVE Updates: India is exploring new markets for its exports—both goods and services—as a diversification strategy amid the United States’ decision to impose additional tariffs on Indian exports, said Dammu Ravi, Secretary (Economic Relations), Ministry of External Affairs.

 

Ravi called the US decision to levy high tariffs a unilateral move without logic, but expressed confidence that ongoing negotiations would yield mutually beneficial outcomes. He was speaking to the media on the sidelines of a conference on India–Brazil relations in Mumbai. READ MORE

6:41 PM

Stock Market LIVE Updates: Smallcap pharma stock hits 52-week low, slips 8% on Q1 loss. Do you own?

Stock Market LIVE Updates: Shares of Hikal hit a 52-week low of ₹281.90, slipping 8 per cent on the BSE in Thursday’s intra-day trade after the company posted a net loss of ₹22.4 crore in the June 2025 quarter (Q1FY26). The pharmaceutical company had reported a net profit of ₹5.1 crore in a year ago quarter (Q1FY25).

 

The stock has corrected 39 per cent from its 52-week high level of ₹464.50, touched on December 2, 2024.

 

At 02:29 PM; Hikal was trading 7 per cent lower at ₹285.50, as compared to 0.43 per cent decline in the BSE Sensex. READ MORE

6:41 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: Broader market indices closd mixed. 
Stock Market LIVE Updates: Broader market indices closd mixed. 
Stock Market LIVE Updates: Broader market indices closd mixed. 

6:36 PM

Stock Market LIVE Updates: Here's a look at Sensex gainers and losers at close

Stock Market LIVE Updates: Here's a look at Sensex gainers and losers at close

6:21 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: Domestic equities recovered sharply from the intraday lows amid a volatile weekly expiry day. Although the earlier trade was weighed down by broad-based selling following steep US tariff hikes on India, sentiment improved toward the close as reports of potential peace talks involving Trump, Putin, and Zelensky which raised hopes of a softer US stance on trade. This renewed optimism triggered a strong rebound in the auto, pharma, metals, and energy sectors and aided the market in recalling its trajectory and concluding in the green.

View by: Vinod Nair, Head of Research, Geojit Investments Limited.

6:20 PM

Stock Market LIVE Updates: Expert view

Stock Market LIVE Updates: The Indian equity indices recovered nearly 750-800 points from their day's lows, demonstrating remarkable resilience in the face of global uncertainties. The market's recovery was primarily driven by strong buying interest in banking heavyweights and select IT stocks. HDFC Bank and Reliance Industries led the recovery, while Hero MotoCorp emerged as a standout performer, surging 4 per cent after reporting better-than-expected Q1 results despite weak sales.

The IT sector provided crucial support, with the Nifty IT index gaining 0.87 per cent, as investors viewed the Trump tariff impact as potentially benefiting IT services through currency depreciation. Markets initially opened under pressure following Trump's executive order doubling tariffs on Indian goods to 50 per cent, citing India's continued oil purchases from Russia. The 21-day implementation window provided some relief, we believe this creates negotiation space between the two countries. Despite the tariff concerns, the market's ability to recover from intraday lows of nearly 700 points on the Sensex demonstrated underlying strength and buying appetite at lower levels.

View by: Vaibhav Vidwani, research analyst at Bonanza