Tech Mahindra Share Price Live Updates: Tech Mahindra's strong monthly return
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
14 hours ago
- The Hindu
Stock markets weather Trump tariff storm; Sensex, Nifty close higher
Benchmark equity indices Sensex and Nifty staged a comeback on Thursday (August 7, 2025), mainly due to buying in the last hour of trade, even as U.S. President Donald Trump slapped an additional 25% duty on Indian goods, which weighed on investor sentiment. Rebounding around 926 points from the day's low, the 30-share BSE Sensex edged higher by 79.27 points or 0.10% to settle at 80,623.26. The index traded in the red for most of the session and hit a low of 79,811.29. However, fag-end buying helped recover losses and touch a high of 80,737.55. The 50-share NSE Nifty went up by 21.95 points or 0.09% to 24,596.15. The latest U.S. tariff action, imposition of an additional 25% duty to take overall tariffs to 50% on Indian goods over New Delhi's continued imports of Russian oil, is likely to hit sectors such as textiles, marine and leather exports hard. India has slammed the action calling it as "unfair, unjustified and unreasonable". India will attract the highest U.S. tariff of 50% along with Brazil. Among Sensex firms, Tech Mahindra, HCL Tech, Eternal, Axis Bank, Maruti, Tata Steel, HDFC Bank and Asian Paints were the gainers. However, Adani Ports, Trent, Tata Motors, Hindustan Unilever and NTPC were among the laggards. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled in positive territory. Markets in Europe were trading in the green. The U.S. markets ended higher on Wednesday. Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,999.10 crore on Wednesday, according to exchange data. Global oil benchmark Brent crude climbed 0.72% to $67.37 a barrel. On Wednesday, the Sensex fell 166.26 points or 0.21% to settle at 80,543.99. The Nifty dipped 75.35 points or 0.31% to close at 24,574.20.
News18
15 hours ago
- News18
Stock markets weather Trump tariff storm; Sensex, Nifty close higher
Mumbai, Aug 7 (PTI) Benchmark equity indices Sensex and Nifty staged a comeback on Thursday, mainly due to buying in the last hour of trade, even as US President Donald Trump slapped an additional 25 per cent duty on Indian goods, which weighed on investor sentiment. Rebounding around 926 points from the day's low, the 30-share BSE Sensex edged higher by 79.27 points or 0.10 per cent to settle at 80,623.26. The index traded in the red for most of the session and hit a low of 79,811.29. However, fag-end buying helped recover losses and touch a high of 80,737.55. The 50-share NSE Nifty went up by 21.95 points or 0.09 per cent to 24,596.15. The latest US tariff action, imposition of an additional 25 per cent duty to take overall tariffs to 50 per cent on Indian goods over New Delhi's continued imports of Russian oil, is likely to hit sectors such as textiles, marine and leather exports hard. India has slammed the action calling it as 'unfair, unjustified and unreasonable". India will attract the highest US tariff of 50 per cent along with Brazil. Among Sensex firms, Tech Mahindra, HCL Tech, Eternal, Axis Bank, Maruti, Tata Steel, HDFC Bank and Asian Paints were the gainers. Markets in Europe were trading in the green. The US markets ended higher on Wednesday. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 4,999.10 crore on Wednesday, according to exchange data. Global oil benchmark Brent crude climbed 0.72 per cent to USD 67.37 a barrel. On Wednesday, the Sensex fell 166.26 points or 0.21 per cent to settle at 80,543.99. The Nifty dipped 75.35 points or 0.31 per cent to close at 24,574.20. PTI SUM MR (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: August 07, 2025, 16:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Mint
15 hours ago
- Mint
Sensex, Nifty snap 2-day losing run— 10 key highlights from the Indian stock market today
Helped by fag-end buying, frontline indices, the Sensex and the Nifty 50, ended with marginal gains on Thursday, August 7, even as sentiment remained fragile due to mounting concerns over Trump's tariffs and their impact on the economy. The Sensex closed 79 points, or 0.10 per cent, higher at 80,623.26, while the Nifty 50 settled at 24,596.15, up 22 points, or 0.09 per cent. The BSE Midcap index rose 0.30 per cent. However, the BSE Smallcap index slipped 0.18 per cent. The domestic market closed with gains despite the looming risk of Trump's 50 per cent tariff. The market hopes that eventually India will be able to secure a trade deal with the US. Moreover, experts point out that the impact of the US tariffs on the overall Indian economy remains manageable, and the government may step in to mitigate the pain of sectors that are highly exposed to US markets. Vinod Nair, the head of research at Geojit Investments, highlighted that sentiment improved toward the close as reports of potential peace talks involving Trump, Putin, and Zelensky, which raised hopes of a softer US stance on trade. "This renewed optimism triggered a strong rebound in the auto, pharma, metals, and energy sectors and aided the market in recalling its trajectory and concluding in the green," said Nair. As many as 31 stocks ended higher in the Nifty 50 index, with Hero MotoCorp (up 4.27 per cent), Tech Mahindra (up 1.99 per cent), and JSW Steel (up 1.94 per cent) ending as the top gainers. Shares of Adani Enterprises (down 2.36 per cent), Adani Ports (down 1.43 per cent), and Grasim Industries (down 0.86 per cent) were the top losers in the index. Barring Nifty Oil & Gas (down 0.19 per cent) and Realty (down 0.13 per cent), all sectoral indices ended higher, with Media (up 0.99 per cent), IT (up 0.87 per cent) and Pharma (up 0.75 per cent) rising by almost a per cent. Nifty Bank climbed 0.20 per cent, while the Financial Services index inched up by 0.12 per cent. Eternal (39.15 crore shares), Vodafone Idea (28.18 crore shares), and Suzlon (7.55 crore shares) were the most active stocks in terms of volume on the NSE. (This is a developing story. Please check back for fresh updates.) Read all market-related news here Read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
