Share market update news: The local stock market came to a halt on Thursday and the BSE Sensex fell 296 points, while the NSE Nifty fell by 87 points. The stock market came down after US President Donald Trump announced a 25 percent fee on imported goods from India and a fine for purchasing crude oil and military equipment from Russia from August 1. Trump’s announcement to impose a fee is seen as a strategy to pressurize India to convince the US demands.
BSE Sensex -based BSE Sensex improved slightly in the afternoon trading and finally fell 296.28 points, or 0.36 percent, closed at 81,185.58 points. In early trade, it fell to 786.71 points. NSE Nifty, with fifty shares, closed at 24,768.35 points with 86.70 points, or 0.35 percent.
Also Read: Share Update: Sensex 721 points slipped under selling pressure, Nifty also came below 25 thousand
Trump’s announcement to impose a fee is seen as a strategy to pressurize India to convince the US demands. In recent times, the US has signed a favorable trade agreements with major partners such as Japan, Britain and European Union.
The fine has been imposed at a time when India has purchased a large purchase of oil and military equipment from Russia. India is the first country to pay a fine for imports from Russia. Tata Steel, Sun Pharma, Reliance Industries, Adani Ports, NTPC and Asian Paints were the most damaged among the companies included in the Sensex.
Also Read: Share Bazaar boom, Sensex 540 points jumped, Nifty also crossed 25200
On the other hand, Hindustan Unilever Ltd. (HUL) rose by 3.48 percent. The reason for this is the company’s integrated net profit of the financial year 2025-26 increased by 5.97 percent to Rs 2,768 crore in the June quarter. In addition, shares of the Internal (East Jomato), ITC, Kotak Mahindra Bank and Powergrid were also in profit.
Other markets in Asia remained in South Korea’s Korea, China’s Shanghai Composite and Hong Kong’s Hangseng in decline, while Japan’s Nikki closed with an edge. Major markets of Europe had a mixed trend in the afternoon trading. The US markets were mostly closed on Wednesday.
Also Read: Share Bazaar has a boom, Sensex 452 points, NIFTY also declined
Global oil standard brant crude fell 0.74 percent to $ 72.70 per barrel. According to the stock market data, foreign institutional investors (FIIs) sold shares worth Rs 850.04 crore on Wednesday. In the last trading session, the Sensex rose 143.91 points while the Nifty was in a profit of 33.95 points. (Language)
Edited by: Chetan Gour
