Stock Market 29 August 2025: A Day of Cautious Declines
The Stock Market 29 August witnessed a day of subdued trade as investors grappled with weak global cues, persistent foreign outflows, and sectoral volatility. After opening on a flat note, benchmark indices gradually slipped into the red, reflecting cautious investor sentiment ahead of key global economic data and ongoing trade tensions.
The Nifty 50 closed at 24,424.30, down 76.60 points (0.31%), while the Sensex ended at 79,871.24, losing 209.33 points (0.26%). The broader indices also mirrored this sluggish trend, with the Nifty Bank falling 0.24%, Nifty IT tumbling nearly 0.86%, and the S&P BSE SmallCap declining 0.28%.
Market participants pointed to heightened uncertainty in global trade flows, sustained FII selling, and weakness in IT and banking stocks as key reasons behind the dip. Despite selective buying in midcaps and specific sectors, the overall tone remained cautious, keeping traders and long-term investors on edge.
In the following sections, we will break down the index performance, highlight the top gainers and losers, present a summary table for quick insights, and analyze in detail why the Stock Market fell on 29 August 2025.
Market Performance – 29 August
The Indian benchmark indices opened on a cautious note and slipped further into the red as the day progressed. Despite some resilience in FMCG and pharma names, the overall tone of the market remained bearish due to global uncertainties. Here’s how the indices closed:
| Index | Closing | Change | % Change |
|---|---|---|---|
| NIFTY 50 | 24,424.30 | -76.60 | -0.31% |
| SENSEX | 79,871.24 | -209.33 | -0.26% |
| Nifty Bank | 53,692.50 | -127.85 | -0.24% |
| Nifty IT | 35,184.90 | -303.85 | -0.86% |
| S&P BSE SmallCap | 51,456.31 | -143.20 | -0.28% |
Index Insights:
- NIFTY 50 slipped below the 24,500 mark, signaling cautiousness among investors after heavy FII selling.
- SENSEX lost over 200 points, weighed down by IT and banking majors.
- Nifty Bank ended lower, though losses were capped as some private banks showed resilience.
- Nifty IT was the biggest drag, falling nearly 1% due to weak U.S. growth cues and profit booking in frontline tech names.
- SmallCap Index saw sustained selling pressure as retail sentiment turned weak in the backdrop of global headwinds.
Why Did the Stock Market Fall Today?
According to multiple news sources, the Stock Market 29 August decline was driven by both global and domestic triggers.
- U.S. Tariff Pressure – The U.S. announced 50% tariffs on Indian imports, a move that rattled market confidence, particularly in export-linked sectors like IT and textiles.
- FII Outflows – Reports highlight that foreign institutional investors withdrew over $3.3 billion in August 2025, the sharpest outflow in recent months. This persistent selling has pressured key indices.
- Weak Global Cues – Asian and U.S. equities stayed subdued amid inflation worries and trade war fears, which spilled over into Indian equities.
- Technical Weakness – After two sessions of steep declines, markets entered a corrective phase. Many stocks breached support levels, adding to the selling pressure.
In summary, the combination of tariff shocks, weak global sentiment, and sustained foreign investor selling pushed the Indian markets lower on 29 August.
Sectoral Overview
- FMCG & Pharma – Defensive sectors outperformed as investors sought safety amid volatility.
- IT – The sharpest fall of the day, losing nearly 0.9% due to weak global tech spending outlook.
- Banking & Financials – Mild declines were seen as FIIs offloaded large-cap banking names.
- Mid & Smallcaps – Continued underperformance as risk appetite among retail investors weakened.
Top 5 Gainers – Stock Market 29 August
- Granules (+5.35% | ₹492.25) – The stock rallied on high volumes, supported by strong demand in pharma counters. Investors bet on defensive healthcare amid market uncertainty.
- Sammaan Capital (+5.08% | ₹123.96) – Witnessed strong buying interest with high trading volumes, possibly on expectations of improved financial performance.
- NAVA (+4.79% | ₹687.60) – Continued its upward momentum backed by robust fundamentals and investor optimism in power & metals.
- CG Power & Industrial (+4.56% | ₹694.30) – Gained after positive outlook on industrial CAPEX and infrastructure spending.
- CreditAccess Grameen (+4.24% | ₹1,399.90) – Hit a fresh 52-week high on strong growth prospects in microfinance lending.
Top 5 Losers – Stock Market 29 August
- Vardhman Textiles (-5.74% | ₹424.35) – Heavy selling pressure amid global textile trade concerns linked to U.S. tariffs.
- Jindal Stainless (-5.39% | ₹762.95) – Fell sharply due to profit booking after a strong rally in metals.
- IDBI Bank (-4.72% | ₹85.67) – Declined on weak PSU bank sentiment and FII selling.
- Swan Energy (-3.86% | ₹444.70) – Came under selling pressure as the stock cooled off from recent highs.
- BSE Ltd. (-3.77% | ₹2,096.20) – Dropped after recent gains, reflecting post-rally consolidation.
Gainers vs Losers Summary
| Top Gainers | Top Losers |
|---|---|
| Granules (+5.35%) | Vardhman Textiles (-5.74%) |
| Sammaan Capital (+5.08%) | Jindal Stainless (-5.39%) |
| NAVA (+4.79%) | IDBI Bank (-4.72%) |
| CG Power & Industrial (+4.56%) | Swan Energy (-3.86%) |
| CreditAccess Grameen (+4.24%) | BSE Ltd. (-3.77%) |
Conclusion – Stock Market 29 August
The Stock Market 29 August ended lower for the third straight session, dragged by U.S. tariff concerns, FII outflows, and weak global cues. While defensive sectors like FMCG and pharma offered some support, the pressure in IT, banks, and smallcaps overshadowed gains.
Stocks like Granules, NAVA, and CG Power outperformed, while Vardhman Textiles, Jindal Stainless, and IDBI Bank faced sharp selling.
Going forward, market participants will track tariff negotiations, global macro data, and domestic cues like GST Council updates. With volatility set to continue, experts suggest focusing on quality stocks in defensive sectors for stability in the near term.
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