Brief by Shorts91 Newsdesk / 04:41am on 28 Aug 2025,Thursday Business
Indian stock markets dropped sharply on Thursday after the US raised tariffs on Indian goods to 50%. The Sensex fell 600 points to close at 81,074, while the Nifty ended below 24,600. This was the steepest fall in 3 months. Export-focused sectors like textiles, gems, seafood, chemicals, and auto parts faced pressure. Foreign investors sold shares worth $2.66 billion in August. Experts said the fall may be short-term as domestic institutions continue to buy. They advised shifting to large companies linked to local consumption. Technical charts suggest more downside, though small recovery is also possible.
