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Indian Stocks Poised for Weak Start Amid Global Volatility
8 Aug
Summary
- Sensex and Nifty expected to open lower on Friday
- Concerns over higher US tariffs on Indian goods persist
- Nasdaq closes at record high, US markets end mixed
On Friday, August 8th, 2025, the Indian stock market is expected to open on a weak note, with the benchmark indices Sensex and Nifty 50 likely to decline. This comes amid mixed signals from global markets, as the ongoing concerns over potential higher US tariffs on Indian goods continue to dent investor sentiment.
Overnight, the US stock market ended in a mixed fashion, with the tech-heavy Nasdaq Composite closing at a record high. However, the Dow Jones Industrial Average and the S&P 500 both declined, reflecting the prevailing uncertainty in the global markets.
In the previous trading session on Thursday, August 7th, 2025, the Indian stock market managed to eke out minor gains, led by fag-end buying. The Sensex rose 79.27 points, or 0.10%, to close at 80,623.26, while the Nifty 50 settled 21.95 points, or 0.09%, higher at 24,596.15.
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Commenting on the market outlook, Ajit Mishra, Senior Vice President of Research at Religare Broking Ltd., advised a cautious approach and maintaining hedged positions amid the prevailing uncertainty.
