09-08-2025 12:00:00 AM
FPJ News Service mumbai
The 30-share BSE Sensex tumbled nearly 1% to slip below the 80,000 level on Friday as growing concerns over the impact of the additional US tariff and unabated foreign fund outflows unnerved investors.
The index lost 765.47 points to settle at 79,857.79. During the day, it tumbled 847.42 points to 79,775.84. The 50-share NSE Nifty dropped 232.85 points to 24,363.30. Sustained buying by domestic institutional investors (DIIs) has been the only saving grace of the Indian stock markets since August 1, 2025.
“The pessimism was broad-based, with realty and metals bearing the biggest brunt," Vinod Nair, Head of Research, Geojit Investments Limited, said. DIIs bought securities worth Rs 7,724 crore on Friday, and FIIs bought securities worth Rs 1,933 crore."The Indian equity market exhibited downward movement, closing at a three-month low amid growing concerns over the impact of US tariffs on Indian exports.
FIIs have been selling on all trading days of August. Until Aug 7, FIIs’ total cash market selling stood at Rs 15,950 crore. In the present context of negative sentiments caused by the tariff skirmishes between India and the US, FIIs are likely to continue selling in the cash market.
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