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Indian Stocks Plunge Amid Renewed Tariff Fears
6 Aug
Summary
- Nifty 50 index down 73 points, Sensex down 308 points
- Bank Nifty index corrected 259 points
- Titan, IndusInd Bank, and SBI Life among top performers
- Adani Ports, Reliance Industries, and Infosys major losers
The Indian stock market has faced a challenging session on August 6, 2025, with the Nifty 50 index ending 73 points lower at 24,649 and the BSE Sensex finishing 308 points down at 80,710. The Bank Nifty index also corrected, closing 259 points lower at 55,360.
The market's underperformance is attributed to the renewed fear of Trump's tariffs, which have continued to weigh on investor sentiment. Among the Nifty's top performers were Titan, IndusInd Bank, and SBI Life, which managed to buck the overall downward trend. However, it was a particularly tough session for heavyweight stocks like Adani Ports, Reliance Industries, and Infosys, which ended as the major losers within the Nifty pack.
Despite the market's struggles, trading volumes on the NSE cash market were higher by 6% compared to the previous session, indicating continued investor activity in the face of the market's challenges.
