Indian equity benchmarks halted their six-day winning streak on Friday, with both the Nifty and Sensex closing near the day’s low points, weighed down by heavy selling in IT stocks and concerns over potential 50% tariff by the United States, set to take effect from August 27, 2025. Markets made a slightly negative start and extended losses throughout the session, as traders were cautious ahead of the US Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium. 

Some of the important factors in today’s trade:

India's GDP likely to be lower at 6.3% in FY26: Traders remained cautious as SBI Research Report stated that India's economic growth is expected to be lower at 6.3 per cent in the fiscal year 2025-26 (FY26) compared to the Reserve Bank of India’s (RBI's) projection of 6.5 per cent. 

India-Russia ties among steadiest of major relationships globally: Traders paid no head towards External Affairs Minister S Jaishankar said that India and Russia have been among the steadiest of the major relationships in the world since the Second World War.

Foreign funds inflow: Traders overlooked exchange data that showed Foreign Institutional Investors (FIIs) bought equities worth Rs 1,246.51 crore on Thursday.

Global front: European markets were trading mostly in green, while Asian markets ended mostly in green, amid investors awaited U.S. Federal Reserve Chair Jerome Powell’s speech at the central bank’s annual economic symposium, which could offer clues into the path of interest rates.

The BSE Sensex ended trading at 81306.85, down by 693.86 points or 0.85% after trading in a range of 81291.77 and 81993.61. There were 7 stocks advancing against 23 stocks declining on the index. (Provisional)

The broader indices ended in red; the BSE Mid cap index was down by 0.23%, while Small cap index down by 0.35%. (Provisional)

The few gaining sectoral indices on the BSE were Telecom up by 0.68%, Healthcare up by 0.09% and Capital Goods up by 0.08%, while Metal down by 1.27%, Basic Materials down by 1.08%, Bankex down by 1.06%, FMCG down by 1.04% and Energy down by 0.89% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Mahindra & Mahindra up by 0.79%, Maruti Suzuki up by 0.65%, Bharat Electronics up by 0.32%, Bharti Airtel up by 0.20% and Titan Company up by 0.10%. On the flip side, Asian Paints down by 2.45%, Ultratech Cement down by 1.94%, Tata Steel down by 1.92%, ITC down by 1.80% and HCL Technologies down by 1.68% were the top losers. (Provisional)

Meanwhile, The Reserve Bank of India (RBI) in its latest data report has showed that India’s outward foreign direct investment (OFDI) commitments surged 5.84% to $3,512.35 million in July 2025, from $3,318.45 million in July 2024. Sequentially, they declined from $5,137.99 million in June 2025.

Outbound FDI, expressed as a financial commitment, comprises three components: equity, loans and guarantees. According to the report, equity commitments fell 22.22% to $1,592.31 million in July 2025, compared to $2,047.30 million a year ago. They stood at $2,097.91 million in June 2025.

Debt commitments rose 7.73% to $305.94 million in July 2025, from $283.98 million in July 2024. However, they were lower than $592.42 million recorded in June 2025. Further, guarantees for overseas units jumped 63.51% to $1,614.10 million in July 2025, from $987.17 million a year ago, however lower than $2,447.66 million in June 2025.

The CNX Nifty ended at 24870.10, down by 213.65 points or 0.85% after trading in a range of 24859.15 and 25084.85. There were 7 stocks advancing against 42 stocks declining on the index, while one stock remained unchanged. (Provisional)

The top gainers on Nifty were Mahindra & Mahindra up by 0.83%, Maruti Suzuki up by 0.48%, Bharti Airtel up by 0.18%, Bharat Electronics up by 0.17% and Titan Company up by 0.13%. On the flip side, Asian Paints down by 2.42%, Grasim Industries down by 2.34%, Adani Enterprises down by 2.20%, Ultratech Cement down by 2.18% and Hero MotoCorp down by 1.95% were the top losers. (Provisional)

European markets were trading mostly in green; France’s CAC rose 12.71 points or 0.16% to 7,951.00 and Germany’s DAX gained 19.26 points or 0.08% to 24,312.60, while UK’s FTSE 100 decreased 5.35 points or 0.06% to 9,303.85.