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2025.08.2810:56:11UTC+00Indian Stocks End at Near 3-Week Low

India's BSE Sensex experienced a decline of approximately 0.9%, closing at 80,080.6 on Thursday. This marks its lowest level since August 8 and continues a two-day trend of losses. The downturn was observed across multiple sectors, including Automotive, IT, FMCG, and metals, driven by escalating concerns regarding the newly imposed tariffs by the US on Indian exports. The US government recently introduced an additional 25% tariff on Indian goods such as garments, footwear, and jewelry, raising the total tariff burden to 50%. Beyond this, continuous outflows of foreign funds further dampened investor confidence. On the economic data front, attention turned to the release of Q2 GDP figures scheduled for Friday. Market forecasts predict a slowdown in growth to 6.6%, compared to the 7.4% growth recorded in Q1.

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