The Indian stock markets will take a mid-week break today, August 27, as trading on both NSE and BSE will remain closed for Ganesh Chaturthi. This closure extends across equities, derivatives, securities lending and borrowing, currency, and electronic gold receipts. Adding to the holiday lull, the Multi Commodity Exchange (MCX) will also remain shut, with no settlements taking place. Normal market activity will resume on Thursday, August 28.
Indian equities slipped sharply on August 26, with both benchmark indices closing lower. The Sensex dropped 849 points to finish at 80,786, while the Nifty settled nearly 256 points lower at 24,712.
Key global and domestic cues to know on August 27, 2025
Asian Markets
Asia-Pacific stocks were seen trading lower on Wednesday. Japan’s Nikkei 225 was lower by 0.17% while the Topix slipped 0.3%. In South Korea, the Kospi edged down 0.17% and the Kosdaq was off 0.16%. On the other hand, Australia’s S&P/ASX 200 inched up 0.23%.
US tariffs on Indian goods from August 27
The US has imposed 50% tariffs on Indian goods starting today, August 27, as part of its new trade measures. The move, linked to India’s continued Russian oil imports, marks the second round of 25% duties announced by the Trump administration.
Most Indian products entering the US will face the higher levy, though a few categories have been exempted, according to the Department of Homeland Security.
US markets
On Tuesday, Wall Street ended the day on a strong note as all three major U.S. indices moved higher. The S&P 500 rose 0.41% to close at 6,465.94, while the tech-focused Nasdaq Composite gained 0.44% to finish at 21,544.27. The Dow Jones Industrial Average also added 135.60 points, or 0.30%, ending the session at 45,418.07.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.08% up at 98.32 on Wednesdy morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee appreciated 0.10% to close at 87.68 to the dollar on August 26.
Crude Oil
In early Wednesday trade, oil prices saw a mild dip as WTI crude eased 0.09% to $63.16 per barrel, while Brent crude slipped 0.07% to $67.16.
FII, DII data
On Tuesday, August 26, the tug-of-war between global and local investors played out strongly in Indian markets. Foreign investors turned heavy sellers, pulling out nearly Rs 6,517 crore, their biggest exit since May 20. But the pressure was cushioned by domestic institutions, which stepped in with strong buying worth Rs 7,060 crore, their strongest support since August 8, as per provisional exchange data.
Top sectors in Tuesday’s trade
On Tuesday, textile stocks took the biggest hit, dropping 3% in market value. Mining, fertiliser, tyre, and paper stocks also slipped, with paper shares just behind the capital market sector. On the other hand, food processing stocks moved higher.
Best and worst performing business groups
Among business groups, Shapoorji Pallonji and Ruchi Group shares saw modest gains of 0.71% and 0.81% respectively, while Avantha Group edged up 0.40%. In contrast, Shriram Group slipped 3.71% and Garware Group fell 3.9%, making them the biggest drags of the day.