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Today’s Trading Tale: Tariffs Send Nifty Lower Indian markets fell sharply as new U.S. tariffs took effect[1]. Nifty closed ~24,500 (−0.85%)[2], Sensex ~80,081 (−0.87%)[2] and Bank Nifty ~53,820 (−1.17%)[3]. The selloff was broad: banks and IT (HDFC Bank, ICICI Bank, Infosys, TCS) led losses, while Titan, L&T and other consumer names held up[4][5]. Only the […]

Market Recap: Sharp Sell-Off as Tariff Shocks Hit Nifty & Bank Nifty Indian equity markets served a reality check before the festival break. Nifty 50 opened near 24,899 and climbed briefly to 24,919 before sellers took charge and pushed it to 24,712, down ~1 %. Bank Nifty opened around 54,999 and closed at 54,450 (‑1.2 %), also ending near

Market Recap: Nifty’s Powerful Comeback with Hidden Weakness Nifty 50 bounced back, closing around 24,968 (+0.39%) while Sensex added +0.4% at 81,636. Bank Nifty struggled, ending flat at 55,139. Global mood lifted sentiment: Fed Chair Powell hinted at future rate cuts, sparking Wall Street’s rally. Asian markets followed, and crude held near $68. Meanwhile, USD/INR

What happened? a quick cap below Nifty 50 fell on Aug 22, closing at 24,870.10 (–213.65 pts, –0.85%). Meanwhile, Bank Nifty fell about 1.1% to 55,149. The indices opened weak and sold off into the close, carving a long bearish candle on daily charts . Furthermore, heavyweights led the decline – HDFC Bank (–1.3%), ICICI