Indian markets may start the week on a positive note, with GIFT Nifty at 24,440, up 0.19%%. Investors will track crude oil prices, Asian market trends, and any key weekend policy updates from the US. IT, banking, and metal stocks could set the early tone.
For the sixth day in a row, Indian markets ended in the red, with global trade tensions adding to the pressure. Donald Trump’s fresh tariff warnings kept investors on edge, triggering another sell-off. The Nifty 50 fell over 200 points to slip below 24,400, while the Sensex lost 765 points, closing under the 80,000 mark.
Key global and domestic cues to know on August 11, 2025
Asian Markets
Asian markets started the week on a cautious note. Japan’s Nikkei 225 rose 1.85%, South Korea’s Kospi and Kosdaq were flat, and Australia’s S&P/ASX 200 was up 0.43%.
US markets
Wall Street wrapped up the week on a strong note. The Nasdaq Composite rose 0.98% to end at a record 21,450.02, after hitting a fresh all-time high earlier in the session. The S&P 500 gained 0.78% to close at 6,389.45. The Dow Jones Industrial Average also joined the rally, climbing 206.97 points, or 0.47%, to finish at 44,175.61.
Trump’s tariff shock: India faces 50% duty hike
The US has doubled down on its tariff stance against India. After a 25% import duty kicked in on August 7, another 25% is set to follow within three weeks bringing the total tariff to 50%. Before the deadline, US officials are likely to visit India, possibly on August 25, for talks on a bilateral trade deal. Markets will be watching closely to see if negotiations can soften the blow for Indian exporters.
Eyes on Trump-Putin meet in Alaska
Geopolitics will also be in focus on August 15, when Donald Trump and Russian President Vladimir Putin are expected to meet in Alaska. The aim is to find a path toward ending the war in Ukraine. While the agenda is still under wraps, markets will be watching closely.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.06% up at 98.24 on Monday 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 depreciated 0.06% to close at 87.66 to the dollar on August 8.
Crude oil
Oil prices dipped in early Monday trade, with West Texas Intermediate (WTI) down 0.74% at $63.41 a barrel and Brent crude slipping 0.60% to $66.18.
FII, DII data
After selling for three weeks in a row, foreign investors turned buyers, picking up shares worth Rs 1,932 crore on Friday, August 8. Domestic investors also stepped in strongly, buying shares worth Rs 7,723 crore on Friday, as per NSE data.
Gold rate today
Gold prices were lower in early Monday’s trade. As per Goodreturns, today, 10 grams of 24-carat gold rate today is Rs 1,03,030, while 22-carat gold costs Rs 94,440. For those preferring 18-carat gold, the price is Rs 77,270 for the same weight.
Top sectors in Friday’s trade
Shipping stocks took the biggest hit on Friday, losing 4.3% in market value. In this sector, stocks such as Mazagon Dock, Cochin Shipyard ended down 5% and 3% each respectively.
Telecom and electronics shares also saw declines, followed by consumer durables. The electric equipment sector slipped behind defence stocks. Bucking the trend, rubber stocks managed to gain 1%.
Best and worst performing business groups
Hero Group topped the gainers with a 4.03% rise in market value, trailed by Pennar Group and Torrent Group, up 2.6% and 2.38% in Friday’s trade.
On the flip side, Future Group dropped 3.84%, while Anil Ambani Group saw the steepest fall, down 4.12%.