Overview

• Indian benchmark indices fell for a sixth consecutive week after President Trump’s tariff rate on Indian goods doubled to 50%, dragging the Sensex and Nifty to three-month lows.
• Foreign institutional investors accelerated net selling in export-sensitive sectors such as pharmaceuticals and IT, exacerbating market downturn.
• July’s CPI along with WPI inflation readings will provide critical signals on domestic price pressures, influencing RBI policy expectations.
• Investor focus includes implementation details of the 50% levy alongside timing of resumed US–India trade talks to gauge export prospects.
• The quarter’s final earnings leg features key results from Ashok Leyland, ONGC plus IOC, prompting stock-specific volatility.