Overview

• Sensex and Nifty lost just over 2% for the week after three straight declining sessions tied to tariff anxiety and FPI selling.
• For August, the Sensex fell 1.7% and the Nifty 1.4%, with deeper losses in the Nifty Midcap 100 (-2.9%) and Smallcap 100 (-4.1%).
• Foreign portfolio investors were net sellers of ₹22,751 crore in August, while DIIs bought ₹83,341 crore but could not prevent the slide.
• The US enacted a 25% tariff on Indian goods plus an additional 25% tied to purchases of Russian energy, pressuring textiles, gems and jewellery, and marine products, with spillover risks flagged for metals, autos, IT, and pharma.
• India’s market capitalisation fell by about ₹6 trillion to ₹444 trillion this month, even as Q1 GDP growth of 7.8% provides some near‑term support and traders track GST prints, PMIs, and auto sales next.