{"id":63335,"date":"2025-08-22T04:37:00","date_gmt":"2025-08-22T04:37:00","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/08\/22\/sensex-nifty-edge-lower-it-stocks-drag-on-trade-worries\/"},"modified":"2025-08-22T04:37:00","modified_gmt":"2025-08-22T04:37:00","slug":"sensex-nifty-edge-lower-it-stocks-drag-on-trade-worries","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/08\/22\/sensex-nifty-edge-lower-it-stocks-drag-on-trade-worries\/","title":{"rendered":"Sensex, Nifty Edge Lower; IT Stocks Drag On Trade Worries"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened on a weak note on Friday after a Trump administration official called India the &#8216;Maharaja&#8217; of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.<\/p>\n<p>White House Trade Adviser Peter Navarro accused India of playing a &#8220;role in the bloodshed,&#8221; in Ukraine by importing Russian oil, calling it a &#8220;laundromat for the Kremlin.&#8221;<\/p>\n<p>Traders also pared back wagers on imminent Federal Reserve interest-rate cuts and braced for Fed Chair Jerome Powell&#8217;s speech at the Jackson Hole symposium.<\/p>\n<p>The benchmark BSE Sensex was down 386 points, or half a percent, at 81,614 in early trade, while the broader NSE Nifty index dipped 124 points, or half a percent, to 24,960.<\/p>\n<p>Among the prominent decliners, HDFC Bank, TCS, Tech Mahindra, ITC, ICICI Bank, Asian Paints and HCL Technologies all fell around 1 percent. <\/p>\n<p>IDBI Bank fell over 2 percent on reports the government will complete the &#8220;core&#8221; phase of privatization this fiscal.<\/p>\n<p>Goldiam International rallied 3.4 percent after raising Rs. 202 crore via a qualified institutional placement (QIP).<\/p>\n<p>GMR Airports gained 1 percent on fund raising reports. <\/p>\n<p>Texmaco Rail &amp; Engineering rose over 2 percent on securing a Rs. 103.16 crore order from Leap Grain Rail Logistics. <\/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 Edge Lower; IT Stocks Drag On Trade Worries<\/a><br \/>\n<br \/>2025-08-22 04:37:00<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened on a weak note on Friday after a Trump administration official called India the &#8216;Maharaja&#8217; of tariffs and ramped up his criticism over the trade ahead of&#8230;<\/p>\n","protected":false},"author":2,"featured_media":63336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1535139262971-c51845709a48?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=1950&q=80","fifu_image_alt":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-63335","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/63335","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=63335"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/63335\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/63336"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=63335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=63335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=63335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}