Indian Developments
On August 29, 2025, Nifty ended the week at 24,426 after a volatile session. Indices came under pressure mid-week following the U.S. imposing 50% tariffs on Indian exports but managed a mild recovery on Friday. For the week, Nifty 50, Nifty Midcap 150, and Nifty Small cap 250 declined by 1.78%, 3.21%, and 3.19%, respectively.
The Indian rupee concluded the week with the major drawdowns driven by global dollar strength, capital outflows and trade tensions
FIIs offloaded equities worth approximately ?8,982 crore, while DIIs provided strong support with inflows of around ?10,236 crore. Market sentiment was further dampened by higher oil import bills and a widening trade deficit, which weighed heavily on several sectors.
Sectoral Developments
During the week, most major sectors closed in negative territory, with Nifty Capital Market and Nifty Realty suffering the sharpest losses of 7.56% and 4.28%, respectively.
Other significant laggards included Nifty Bank (-2.71%), Nifty Oil & Gas (-3.02%), Nifty Financial Services (-2.85%), Nifty Healthcare (-2.64%), and Nifty Energy (-2.52%).
It was primary impacted by FII outflows, weak sentiment due to trade tensions and rupee depreciation, RBI cautious stance, fear of slower credit growth, higher crude oil prices with narrowing discounts and weak corporate earnings.
Global Developments
Globally, uncertainty persists due to mixed U.S. economic data and ambiguity surrounding the U.S. Federal Reserve's interest rate decisions ahead of Powell’s speech at the Jackson Hole Symposium.
U.S. stock indices—Dow Jones Industrial Average, South Korea’s KOSPI and Japan’s Nikkei index — tumbled by -0.34%, and -0.32% and -0.26% respectively.
Other U.S. indices- S&P 500 gained by 0.32%. On the other hand, in Europe, the FTSE 100 fallen by 0.27% while Germany’s DAX ended the week flat, experiencing a fall of -0.32%
Among the Asian indices, Shanghai Composite marginally grew by 0.32%, and Hong Kong’s Hang Seng Index was weakly positive with a rise of 0.35%.
Other Markets:
Source: www.nseindices.com; MCX Gold Prices; Economic times, Bloomberg.
Data for week ended on August 29 , 2025.
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