Finance
Stock Market Highlights today, Friday, August 22, 2025: Ahead of US Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Symposium later tonight, profit-taking in banking, FMCG, and metal companies caused equity benchmark indices to end their six-day winning streak.
In light of US tariffs, investors around the world will be watching for the US Fed chief to provide guidance on interest rates.
At home, the BSE Sensex closed at 81,307, down 694 points or 0.9%, close to the day’s lows. With the day’s high at 81,994—seven points below the closing of the previous day—the Sensex had been in the negative zone all day, having fallen as low as 81,292 toward the end of the trading session.
The NSE Nifty 50 tumbled to a low of 25,859, and finally settled 214 points lower at 24,870.
Despite today’s sharp fall, the Sensex signed-off the week with a gain of 709 points. Similarly, the Nifty 50 was up 239 points this week. On Friday, Asian Paints, UltraTech Cement, Tata Steel and ITC were the major losers among the Sensex 30 shares – down around 2 per cent each. Banking majors – Kotak Bank, HDFC Bank and SBI also shed 1 per cent, along with index heavyweight Reliance Industries. Broader indices, however, ended with smaller losses. The BSE MidCap was down 0.2 per cent, while the SmallCap slipped 0.3 per cent. In the broader market, debt-ridden Voda Idea stock logged its biggest single-day rally in over 4 months on hopes of some reprieve.
Source: BS
