Sensex, Nifty fall up to 0.7% on U.S. tariff fears; realty, pharma lead losses

/1 min read

ADVERTISEMENT

At the time of reporting, the Nifty was trading 162 points lower at 24,805, and the Sensex was down 551 points at 81,084.
THIS STORY FEATURES
Tata Steel Ltd Fortune 500 India 2024
Shriram Finance Ltd Fortune 500 India 2024
Sun Pharmaceuticals Industries Ltd Fortune 500 India 2024
Sensex, Nifty fall up to 0.7% on U.S. tariff fears; realty, pharma lead losses
Nifty 50 and Sensex both fell up to 0.7% each in the first half of today’s trading session Credits: Narendra Bisht
In this story

Indian benchmark indices, Nifty 50 and Sensex, both fell up to 0.7% each in the first half of today’s trading session, after the United States issued a draft notice to impose additional tariffs of 25% on Indian goods from August 27, Wednesday.

At the time of reporting, Nifty was trading 162 points lower at 24,805, and Sensex was down 551 points at 81,084Broader markets also showcased weak trends, while among sectoral indices, all except Nifty FMCG were trading in the red.

The major losers were Nifty Realty and Nifty Healthcare, slipping 1.7% and 1.33%, respectively. Even Nifty Pharma dipped by 1.28%. Nifty Auto fell 0.6% in the early hours but gained positive momentum and recovered by 30 bps.

Fortune India Latest Edition is Out Now!
India's Top 100 Billionaires

August 2025

As India continues to be the world’s fastest-growing major economy, Fortune India presents its special issue on the nation’s Top 100 Billionaires. Curated in partnership with Waterfield Advisors, this year’s list reflects a slight decline in the number of dollar billionaires—from 185 to 182—even as the entry threshold for the Top 100 rose to ₹24,283 crore, up from ₹22,739 crore last year. From stalwarts like Mukesh Ambani, Gautam Adani, and the Mistry family, who continue to lead the list, to major gainers such as Sunil Mittal and Kumar Mangalam Birla, the issue goes beyond the numbers to explore the resilience, ambition, and strategic foresight that define India’s wealth creators. Read their compelling stories in the latest issue of Fortune India. On stands now.

Read Now

The India VIX, the market volatility yardstick, rose 3.86 points to 12.21, reflecting investors’ heightened risk perception. Among Nifty’s top 50, the major laggards were Shriram Finance, Sun Pharmaceutical Industries, Tata Steel, Dr. Reddy's Laboratories, and Coal India, declining up to 2.5%.

In Nifty Realty, Godrej Properties, Lodha, and DLF led losses by nearly 2% each. Nifty Pharma was trading at 22,082.55, lower by 280 points, with loss-making companies Zydus Lifesciences, Sun Pharmaceuticals, and Lupin dragging the sectoral index down by nearly 3%.

Nestle, Eicher Motors, and Hindustan Unilever topped the Nifty 50 gainers’ list, rising 1.64%, 1.46%, and 1.44%, respectively.

Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.