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2025-08-29 04:37:58 pm | Source: Prabhudas Lilladher Ltd
Perspective on Closing Markets 29th August 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
Perspective on Closing Markets 29th August 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital

Below the Perspective on Closing Markets 29th August 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital 

 

"The sensex ended Friday’s trade on a subdued note, slipping 270 points to close at 79,809.65 as persistent concerns over fresh U.S. tariffs on Indian exports weighed on investor sentiment and kept foreign inflows under pressure. Weakness was broad-based, with 12 of the 16 sectoral indices finishing lower, reflecting a cautious mood across the market. Bucking the trend, consumer-oriented stocks gained close to 0.6% amid optimism that the upcoming GST council meeting could announce supportive measures for the sector.

Mid- and small-cap indices also managed to edge up by around 0.5%, as investors shifted focus toward broader opportunities beyond large-cap names. On the index front, ITC and HDFC Bank were among the key contributors providing some support, while Reliance Industries added early strength before paring gains. Overall, the session underscored selective resilience in defensives and financials, even as global headwinds continued to dampen broader market momentum.”

 

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