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HomeMarket NewsSensex Today | Stock Market Live Updates: GIFT Nifty points to a 200-point gap down after Trump's 25% tariff
By CNBCTV18.COM | Jul 31, 2025 6:52 AM IST (Updated)
Stock Market Live Updates: The Nifty 50 index was aiming for a recovery after two days of gains but US President Donald Trump announced a 25% tariff on Indian goods, plus a penalty last evening. This brings important levels on the index back into focus on the day of its monthly F&O expiry. As many as five Nifty 50 stocks report results today, many other react to theirs that were reported after market hours on Wednesday. Watch this space for all the Live updates.
Stock Market Live Updates: The Nifty walks into today's monthly expiry session after having gained for two days in a row. But neither the monthly expiry nor the two days of gains takes centre stage, as US President Donald Trump on Wednesday evening announced a 25% tariff on Indian goods from August 1, plus an additional penalty, which is yet to be specified, for buying items from Russia.
The news brings all export-orientated sectors like Textiles, Pharma, Auto Components and Shrimp feed exporters in the spotlight, as they would most likely see a reaction to these developments.
Despite the two-day gain, the Nifty has struggled to cross 24,900 on the upside and is in danger of having its first negative F&O series in five months. 25,244 is the level above which the Nifty has to close today to have a positive July series.
While tariffs grab headlines, as many as five Nifty companies, including Hindustan Unilever, Coal India, Sun Pharma, Maruti Suzuki India, and Eicher Motors report results today, along with a long list of broader market names. Earnings reactions also come from names like M&M, Kaynes Tech, while Jio Financial may react to the fundraising news.
Watch this space for all the Live updates.
