Tariff jitters weighed on sentiment, dragging the Nifty below the 24,800 mark in Wednesday’s trade. Market breadth remained weak with 39 out of 50 Nifty stocks ending in the red, as broader markets mirrored the decline. Barring FMCG, all sectors closed lower, reflecting widespread selling pressure. Investors now await Q1 earnings from ITC, Godrej Properties, and Delhivery for further cues. This morning, global cues were muted. US markets fell overnight, with S&P 500 notching third straight day of losing streak. Asian markets were also muted this morning amid ongoing tariff uncertainty. Catch Lovisha Darad in conversation with Raja Venkatraman, Co-Founder NeoTrader & Trading Influencer and Kunal Valia, Founder of StatLane.
first published: Aug 1, 2025 08:58 am
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