Finance
Stock Market Highlights, Thursday, July 31, 2025: Benchmark Indian market indices closed Thursday’s turbulent session in negative territory, following US President Donald Trump’s declaration of a 25% tariff on Indian exports. The Sensex fell 296.28 points, or 0.36 percent, to close at 81,185.58. On Thursday, the index fluctuated between 81,803.27 and 80,695.15 points.
The NSE Nifty50 closed at 24,768.35, down 86.70 points or 0.35 percent, after trading between 24,635 and 24,956.50.
Tata Steel, Sun Pharma, NTPC, Adani Ports, and Reliance Industries were the top laggards among Sensex constituent stocks ending the range of 2.70-1.34 per cent. Hindustan Unilever, Eternal, ITC, Kotak Mahindra bank, and Power Grid were among the top gainers who ended higher by up to 3.61 per cent. The fear index, India (VIX), which gauges the volatility in the markets ended higher by 3.01 per cent.
The sell-off spread to the broader markets, with the Nifty Smallcap100 and Nifty Midcap100 indices closing lower by 1.05 percent and 0.93 percent, respectively.
On the sectoral front, the Nifty FMCG index defied market trends, closing higher by 1.44 percent, led by Emami and Hindustan Unilever. The Nifty pharma, metal, oil and gas, and healthcare indices all finished with losses of more than 1%.
The market breadth turned negative, with 2,418 of 4,153 traded stocks on the BSE ending in red and 1,598 in green. Meanwhile, 137 stocks were unchanged.
Source: BS
