Overview

• A second 25% tariff makes U.S. duties on Indian goods 50%, effective August 27 after an initial 25% levy began August 7.
• President Trump has outlined a 100% tariff on imported semiconductors with exemptions for companies investing in U.S. production.
• Indian markets swung over 900 points intraday as Foreign Portfolio Investors sold about ₹5,000 crore and Domestic Institutional Investors bought ₹6,800 crore of equities.
• The BSE Sensex recovered from a session low of 79,811 to close at 80,623, while the NSE Nifty ended at 24,596 after steep early declines.
• Global benchmarks, including Wall Street and MSCI indexes, climbed on strong corporate earnings despite broader trade tensions.