{"id":62761,"date":"2025-08-07T04:27:44","date_gmt":"2025-08-07T04:27:44","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/08\/07\/sensex-nifty-open-lower-on-tariff-concerns-2\/"},"modified":"2025-08-07T04:27:44","modified_gmt":"2025-08-07T04:27:44","slug":"sensex-nifty-open-lower-on-tariff-concerns-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/08\/07\/sensex-nifty-open-lower-on-tariff-concerns-2\/","title":{"rendered":"Sensex, Nifty Open Lower On Tariff Concerns"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened a tad lower on Thursday after U.S. President Donald Trump signed an executive order imposing an additional 25 percent tariff on India as a &#8220;penalty&#8221; in response to its continued purchase of Russian oil.<\/p>\n<p>While the initial 25 percent duty comes into effect today, the additional U.S. import tax will take effect in 21 days. <\/p>\n<p>The overall impact on GDP is expected to be around 30-40 bps if these tariffs are sustained for a year.<\/p>\n<p>The benchmark BSE Sensex was down 230 points, or 0.3 percent, at 80,307 in early trade, while the broader NSE Nifty index slid 67 points, or 0.3 percent, to 24,508.<\/p>\n<p>Among the prominent decliners, Eternal, Adani Ports, Tata Motors and Kotak Mahindra Bank fell over 1 percent each.<\/p>\n<p>Bharat Forge fell nearly 2 percent after warning that FY26 will be a challenging period.<\/p>\n<p>Paras Defense and Space Technologies gained nearly 2 percent after signing pact with a German company for working together on projects related to Defense &amp; Space in the Indian region. <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Sensex, Nifty Open Lower On Tariff Concerns<\/a><br \/>\n<br \/>2025-08-07 04:27:44<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened a tad lower on Thursday after U.S. President Donald Trump signed an executive order imposing an additional 25 percent tariff on India as a &#8220;penalty&#8221; in response&#8230;<\/p>\n","protected":false},"author":2,"featured_media":62762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-62761","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=62761"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62761\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/62762"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=62761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=62761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=62761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}