
📊 Key Highlights:
🔻 Benchmark Indices Under Pressure:
- Nifty falls over 160 points from intraday highs, now trading below 24,600
- Sensex down nearly 600 points, slipping under the 80,200 level
🏦 Broader Market Check:
- Nifty Bank down 0.85%, trading below 54,000
- Nifty Midcap & Smallcap indices under pressure, both down under 0.40%
📉 August Gains Wiped Out:
- Indices have given up all gains for the August series
🌐 Global Headwinds:
- Donald Trump’s 25% additional tariffs on Indian exports now in effect,
pushing total duties to 50% - Mixed signals from the White House on future India-U.S. trade relations
📈 Top Gainers (Nifty 500):
- 🚀 Ola Electric
- 🚬 Godfrey Phillips
- ⚡ Jaiprakash Power
- 🔩 Sundaram Fasteners