Stock Market Today: Indian Share Market Falls Over 700 Points On Weak Earnings And Tariff Fears- Here Is Everything You Need To Know

Stock Market Today: Hey market enthusiasts, Friday is looking tough and gloomy day for Indian equities, leaving many investors worried. 

The Sensex took a heavy hit, plunging over 700 points—nearly 1%—to an intraday low of 82,487. Meanwhile, the Nifty 50 slipped below the crucial 25,150 mark, adding to the jitters. This wasn’t just a small dip; even the BSE Midcap and Smallcap indices fell by almost 1%, dragging overall market capitalization down by a staggering Rs 3 lakh crore to Rs 457 lakh crore. By 11:45 AM, the Sensex was still down 563 points at 82,538, and the Nifty was 0.74% lower at 25,167. Investors everywhere felt the pinch as fears over disappointing earnings, rising tariffs, and stretched valuations shook confidence, triggering a widespread selloff that left many portfolios bruised and spirits low. How are you coping with this market storm?

Key Factors Behind Friday’s Indian Stock Market Fallout

• Weak Q1 Earnings Spark Domino Effect
  • TCS reported its third consecutive quarter of declining revenue.
  • Q1 revenue stood at $7.42 billion, missing Bloomberg’s $7.54 billion estimate.
  • This marked TCS’s worst quarter since June 2020.
  • Poor earnings worsened already fragile market sentiment amid tariff worries and high valuations.
• Trump’s Tariff Escalation Fans Market Fears
  • US President Trump announced a 35% tariff on Canadian imports starting August 1.
  • Suggested baseline tariffs could rise to 15-20% for other countries.
  • Raised fears of inflation and global economic slowdown.
  • Heightened investor risk aversion contributed to selloff.
• Stretched Valuations Spark Investor Caution
  • Nifty trades at nearly 22x FY26E EPS despite weak earnings, per Shibani Kurian (Kotak Mahindra AMC).
  • Earnings growth expected at modest levels.
  • India underperforms peers like South Korea and Germany due to elevated valuations, noted VK Vijayakumar (Geojit).
  • Investors reduce exposure amid valuation correction.
• Safe Havens Shine Amid Uncertainty
  • Gold prices jumped nearly 1% to ₹97,548 per 10 grams.
  • Silver hit a record ₹1,11,552 per kg.
  • Classic flight to safety amid tariff anxieties and weak earnings.
• Technical Signals Indicate Further Market Weakness
  • Nifty formed a bearish candle and lower intraday tops, says Shrikant Chouhan (Kotak Securities).
  • Potential slip to 25,200-25,150 if below 25,330; further drop to 25,050 if below 25,170.
  • Value buying zone between 25,150-25,050.
  • Hardik Matalia (Choice Equity Broking) warns of extended selling if below 25,300, targeting 25,000.
  • Resistance levels at 25,500 and 25,600.

Trump’s Tariff Escalation Sparks Stock Market Fears — What Does It Mean for You?

Did you catch the big tariff bombshell from US President Donald Trump? He just announced a hefty 35% tariff on Canadian imports starting August 1 — a move that sent global markets into a tailspin. But wait, there’s more: Trump also hinted that countries without special exemptions could see tariffs jump to 15% or even 20%, doubling the current rate of 10%. Scary, right?

If you’re wondering how this affects your investments, here’s the deal — these tariff hikes spark fears of rising inflation and a possible global slowdown. Indian investors like you felt the heat too, pulling back from riskier stocks as uncertainty took over. This brewing trade war played a huge role in Friday’s market crash, pushing the Sensex and Nifty 50 down sharply.