Stock Market 28 August– Shocking Crash

Table of Contents

Introduction

The Stock Market 28 August session turned out to be another difficult day for Indian equities, with both benchmark indices and broader markets finishing deep in the red. Investor sentiment was dampened by fresh U.S. tariffs on Indian goods, continuous foreign investor outflows, and weak global cues. After a sharp fall yesterday, the market extended its decline today, reflecting mounting concerns over global trade and capital outflows.

In today’s trading, major indices witnessed broad-based selling, sectoral indices faced pressure, and mid-cap as well as small-cap counters suffered heavier losses. Let’s take a closer look at how the indices moved, which stocks stood out as top gainers and losers, and why the stock market fell on 28 August 2025.

Index Performance on Stock Market 28 August

The weakness was widespread across key indices:

NIFTY 50 closed at 24,519.55, down 192.50 points (-0.78%). Selling was seen in banking, IT, and energy stocks.
SENSEX ended the session at 80,209.45, slipping 577.09 points (-0.71%) as heavyweight stocks like HDFC Bank, Reliance, and Infosys dragged the index lower.
Nifty Bank dropped to 53,921.00, losing 529.45 points (-0.97%), reflecting strong pressure on banking majors.
Nifty IT faced the sharpest decline, falling 552.55 points (-1.53%) to 35,510.65, tracking global tech weakness.
S&P BSE SmallCap ended at 51,583.32, down 514.27 points (-0.99%), showing that broader markets remained under stress.

📊 Index Performance Table – Stock Market 28 August

Index	Closing Value	Change	% Change
NIFTY 50	24,519.55	-192.50	-0.78%
SENSEX	80,209.45	-577.09	-0.71%
Nifty Bank	53,921.00	-529.45	-0.97%
Nifty IT	35,510.65	-552.55	-1.53%
BSE SmallCap	51,583.32	-514.27	-0.99%

The Stock Market 28 August trend clearly shows weakness across large-cap, banking, IT, and broader market indices, signaling a risk-off approach among investors.

Top Gainers on Stock Market 28 August

Despite the weakness, a few stocks managed to shine:

Vardhman Textiles (+13.03%) – The stock surged on strong demand in the textile sector and expectations of improved export competitiveness. High volumes indicated strong investor participation.
Ola Electric (+7.91%) – Shares jumped after reports of PLI incentives supporting EV adoption, boosting investor optimism.
Sundram Fasteners (+5.13%) – The auto component major gained as robust quarterly results and strong order flow lifted investor sentiment.
Jaiprakash Power (+4.99%) – Buying interest emerged amid fresh CAPEX announcements, signaling long-term growth.
Waaree Energies (+4.66%) – The solar energy company rallied after winning a large renewable energy order, reinforcing bullish momentum in green energy stocks.

Top Losers on Stock Market 28 August

Several stocks bore the brunt of selling pressure:

Adani Total Gas (-6.79%) – The stock corrected sharply on heavy volumes amid sectoral weakness and concerns over valuations.
Olectra Greentech (-5.73%) – Shares declined as investors booked profits after the recent rally in EV-linked stocks.
Aditya Birla Fashion (-5.43%) – Weak consumption trends and margin pressures dragged the stock lower.
InterGlobe Aviation (-5.34%) – The IndiGo parent fell amid reports of promoter stake sale and index reshuffling.
Brainbees Solutions (-5.33%) – The stock corrected after reports of intensified competition in the online retail segment.

Summary Table of Top Gainers & Losers – Stock Market 28 August

Top Gainers	Change %	LTP	Top Losers	Change %	LTP
Vardhman Textiles	+13.03%	450.2	Adani Total Gas	-6.79%	592.55
Ola Electric	+7.91%	54.84	Olectra Greentech	-5.73%	1501.4
Sundram Fasteners	+5.13%	1020.3	Aditya Birla Fashion	-5.43%	78.08
Jaiprakash Power	+4.99%	18.95	InterGlobe Aviation	-5.34%	5727
Waaree Energies	+4.66%	3417.3	Brainbees Solutions	-5.33%	355.25

This table helps visualize which stocks outperformed and which faced the most selling pressure during the Stock Market 28 August session.

Why Did the Stock Market Fall on 28 August?

According to Reuters, the primary reason for the market’s decline was the U.S. decision to impose an additional 25% punitive tariff on Indian imports, taking cumulative tariffs up to 50%. This move sparked fears of a trade war, weighing heavily on export-oriented companies.

As per The Economic Times, foreign institutional investors (FIIs) continued to offload shares, leading to sustained selling pressure in frontline stocks. Persistent outflows worsened the tariff-driven worries.

Meanwhile, Asian and global markets also struggled. According to ET reports, weakness across global equities and concerns over rising trade protectionism pushed regional markets lower, adding to India’s woes.

Adding to the nervousness, technical indicators turned bearish. As reported by The Economic Times, higher volatility and profit booking triggered automatic selling across key sectors, amplifying the decline.

Conclusion: Stock Market 28 August

The Stock Market 28 August session highlighted how vulnerable Indian equities remain to global developments, trade tensions, and FII flows. With tariffs creating fresh uncertainty and global cues remaining weak, both benchmark indices and broader markets came under selling pressure.

While select stocks like Vardhman Textiles, Ola Electric, and Waaree Energies showed strength, the overall market breadth was negative. The double hit of U.S. tariffs and FII outflows means volatility may continue in the coming days.

For investors, the Stock Market 28 August is a reminder to stay cautious, focus on quality stocks, and track global policy cues closely, as external shocks are currently dictating market direction.