Market opening bell: Indian equities opened lower on Tuesday, August 26, tracking weak global cues and rising geopolitical tensions. Investors turned cautious ahead of fresh US tariffs set to take effect from Wednesday.
The BSE Sensex declined 211 points, or 0.26 per cent, to around 81,425, while the Nifty50 slipped 76 points, or 0.30 per cent, to 24,892, falling below the psychological 24,900-mark.
Sentiment soured further after US President Donald Trump moved to fire Fed Governor Lisa Cook on allegations of falsifying mortgage documents. Trump also threatened export curbs on semiconductor chips in retaliation for global digital services taxes, intensifying global uncertainty.
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In the broader markets, the Nifty MidCap 100 fell 0.36 per cent, and the Nifty SmallCap 100 declined 0.35 per cent, reflecting pressure across the board.
Sectorally, the Nifty Pharma index was the worst performer, down 0.87 per cent in early trade.
Stocks in Focus Today:
HDFC Bank – in focus amid sector rotation and banking stock moves
One 97 Communications (Paytm) – under pressure after recent regulatory updates
Vikram Solar, Patel Retail, Gem Aromatics, Shreeji Shipping Global – all making market debuts today
Protean eGOV Technologies – jumped 10 per cent in early trade post strong listing
Vodafone Idea – fell nearly 5 per cent, continuing its volatile trend
Sai Life Sciences, UCO Bank, Suraj Estate – likely to remain in focus on institutional activity and corporate developments
