Indian stock market benchmarks- the Sensex and the Nifty 50- closed in the green for the sixth consecutive session on Thursday, August 21. However, concerns over Trump’s tariffs, stretched valuations and weak global cues limited gains.
The Sensex ended 143 points, or 0.17 per cent, higher at 82,000.71, while the Nifty 50 ended at 25,083.75, up 33 points, or 0.13 per cent.
The mid and small-cap segments underperformed. The BSE Midcap index slipped 0.12 per cent, while the Smallcap index ended almost flat.
Indian stock market: 10 key highlights from the day
1. What helped the benchmarks end higher?
Gains in shares of select heavyweights, including ICICI Bank, Reliance Industries, L&T, Bajaj Finance and HDFC Bank, helped the Sensex close the day with gains.
Proposed GST reforms, the S&P upgrade, and favourable growth-inflation dynamics remain key long-term drivers for the market. However, sentiment is weighed down by the looming tariff risk as the August 27 deadline for secondary tariffs approaches.
(This is a developing story. Please check back for fresh updates.)
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