Indian Market Ends Lower Amid Tariff Concerns

The Indian stock market closed lower on August 5, 2025, with the major indices reflecting investor caution.The Sensex closed down by 308 points (0.38%) at 80,710, and the Nifty slipped below 24,650. This decline was largely due to:* Investor concerns regarding upcoming key events.* New tariff threats.The overall market sentiment was weak. The US President's threat of a significant tariff hike on Indian exports, prompted by the continued import of Russian oil, fueled these concerns. This raised worries about:* The impact on India's export sector.* Economic growth projections for fiscal year 2026.Here are the key highlights from the trading session:#### Index Performance* The Sensex fell by approximately 308 points.* The Nifty closed near 24,650, breaking key support levels.* This indicates potential near-term uncertainty in market momentum.#### Sector Trends* Most sectors closed in the red.* The automobile sector was an exception, showing gains due to strong buying interest.* FMCG and IT stocks led the decline, influenced by tariff concerns.* Automobile stocks like Maruti Suzuki saw gains.#### Top Movers* **Gainers:** * Titan Company * IndusInd Bank * SBI Life Insurance * Coal India* **Decliners:** * Adani Ports * Infosys * Adani Enterprises * Reliance Industries * ICICI Bank#### Technical LevelsExperts noted that the Nifty might test critical support at 24,500, driven by the external tariff threats. A breach below this level could signify further downward pressure.#### Market OutlookAnalysts from Geojit Investments highlighted the risk of escalating tariffs affecting corporate earnings and GDP growth, advising traders to:* Prepare for increased volatility.* Closely monitor geopolitical developments.In summary, the trading session concluded with a cautious mood. Tariff concerns outweighed positive domestic factors. Investors remained vigilant concerning important technical support levels and sectoral shifts amidst unstable global trade dynamics.