Equity benchmark indices dragged in mid-trading session on Thursday, following sharp escalation in the US tariffs. The additional 25 per cent levy on Indian goods has rattled investor sentiment, especially impacting export-driven sectors like textiles, jewellery, shrimp, auto components, and chemicals.
Sensex traded 501 pts or 0.62 per cent lower at 80,042.99 as at 1.11 pm, hitting an intraday low of 79,979.05 (down 564.94 pts) against the previous close of 80,543.99. Nifty 50 fell 169.60 pts or 0.69 per cent to 24,404.60.
The market witnessed a broad-based decline with midcap and smallcap indexes down 0.94 per cent and 0.82 per cent, respectively. On the sectoral front, all indices traded in the red except the media sector. Nifty metal, realty, PSU bank and oil & gas depreciated over 1 per cent.
Top gainers & losers intraday
Shares of Hero Motocorp gained 3 per cent, leading the gainers of Nifty 50. JSW Steel, ITC, HDFC Bank, Asian Paints and HCL Tech followed with marginal gains.
On the losing side, Adani Enterprises, Adani Ports, Jio Financial, Tata Motors and Apollo Hospitals fell 1.5 per cent to 3.50 per cent at the time of writing.
Staging broader weakness, nearly 1,989 stocks declined compared to only 809 advancing out of a total of 2,861 stocks traded on the National Stock Exchange.
Datamatics, Fortis, JK Cement, Godfrey Phillips were among the 28 stocks that hit a 52-week high. Barbeque, Ease My Trip, IEX featured among the 83 stocks that hit a 52-week low.
Only 39 stocks hit the upper circuit, while 62 shares including Electrotherm (India) hit the lower circuit.
Lupin, Coforge, Torrent Power and Persistent Systems soared 2-4 per cent under the midcap segment, while BHEL, CONCOR, Suzlon, Bharti Hexacom and NTPC Green depreciated 3-6 per cent.
Smallcap stocks ITI, CESC, Natco Pharma and PVR Inox soared 2-5 per cent, while Godfrey Phillips, Reliance Power, PGEL, Ircon and IFCI fell 3-8 per cent.
On the BSE, Rain Industries, Avalon, Shakti Pumps and Kirloskar Brothers zoomed 5-9 per cent. Fusion Finance, Morepen Laboratories, GNFC and Electrosteel Castings dragged 7-8 per cent.
More Like This
Published on August 7, 2025