Weekly Market Recap As of August 08, 2025: Sensex Falls 742 pts, Nifty Down 202 pts; RBI Cuts Rate

On Friday, August 8, 2025, Indian benchmark indices ended lower after US President Donald Trump ruled out trade talks with India amid the ongoing tariff dispute. The BSE Sensex dropped 765.47 points (0.95%) to close at 79,857.79, while the Nifty50 fell 232.85 points (0.95%) to 24,363.30. For the week, the Sensex slipped 742 points, and the Nifty shed 202 points.

Major News This Week

• The Reserve Bank of India’s Monetary Policy Committee cut the repo rate by 25 basis points to 6.25% from 6.50%, while keeping a ‘Neutral’ stance.
• On August 7, 2025, GAIL India Limited and Hindustan Copper Limited (HCL) signed a strategic Memorandum of Understanding (MoU) to jointly explore and develop critical mineral assets in India and abroad. The collaboration aims to enhance self-reliance in resources essential for renewable energy and advanced technologies.
• According to Reuters, Indian Oil Corporation and Bharat Petroleum Corporation, the country’s largest state-run refiners, have bought at least 22 million barrels of non-Russian crude for delivery in September and October.

Major Q1 FY26 Earnings This Week

• Kalyan Jewellers India Ltd, a prominent jewellery retailer headquartered in Thrissur, reported strong first-quarter FY26 results, with net profit surging 48.6% year-on-year to ₹264 crore for the quarter ended June 30, 2025, compared to ₹177.7 crore in the corresponding period last year.
• Life Insurance Corporation of India (LIC) reported a profit after tax (PAT) of ₹10,986 crore in Q1 FY26, marking a 5.02% rise from ₹10,461 crore in the same quarter last year.
• In Q1 FY26, Titan Company reported a 52.5% year-on-year increase in net profit to ₹1,091 crore, fueled by strong jewellery demand and global branding efforts. Consolidated revenue rose 24.6% YoY to ₹16,523 crore.

Also Read: What Should Be Your EMI If You Earn ₹50,000 Per Month? 

Conclusion

This week saw markets pressured by global trade tensions, while strategic partnerships and crude sourcing shifts signalled long-term positioning. Strong earnings from Kalyan Jewellers and LIC added optimism, hinting at resilience in select sectors despite short-term volatility.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.