By Sheetal Kumari | March 3, 2025
MC Desk | August 8, 2025
Nifty 50 slipped nearly 1% on Aug 8, marking its sixth straight weekly fall — the worst run since 2020 COVID crash.
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US doubles tariffs on Indian goods to 50%, with Trump ruling out trade talks until disputes are resolved.
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Foreign Institutional Investors dumped Rs 4,997 crore worth of equities on Thursday, intensifying selling pressure.
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Experts say elevated valuations and persistent FII selling are outweighing support from domestic institutions.
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Asian markets tumbled, while US indices ended mixed, adding to bearish sentiment.
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The rupee closed at 87.63 against the dollar, weighed down by FII outflows and a strong greenback.
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Lacklustre Q1 results, especially in IT and banking failed to lift sentiment.
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Moneycontrol advises users to check with certified experts before taking any investment decisions.
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