Sensex Today | Stock Market Live Updates: Nifty falls below 24,700; Avanti Food down 5% after Trump tariffs

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HomeMarket NewsSensex Today | Stock Market Live Updates: Nifty falls below 24,700; Avanti Food down 5% after Trump tariffs

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By CNBCTV18.COM Jul 31, 2025 9:29 AM IST (Updated)

Stock Market Live Updates: The Indian markets have started the day's trade with losses on expected lines. The Nifty index is trading with a decline of 160 points. Meanwhile, the Sensex is down nearly 500 points.

 Nifty falls below 24,700; Avanti Food down 5% after Trump tariffs

Stock Market Live Updates: The Nifty walks into today's monthly expiry session after having gained for two days in a row. But neither the monthly expiry nor the two days of gains takes centre stage, as US President Donald Trump on Wednesday evening announced a 25% tariff on Indian goods from August 1, plus an additional penalty, which is yet to be specified, for buying items from Russia.

The news brings all export-orientated sectors like Textiles, Pharma, Auto Components and Shrimp feed exporters in the spotlight, as they would most likely see a reaction to these developments.

Despite the two-day gain, the Nifty has struggled to cross 24,900 on the upside and is in danger of having its first negative F&O series in five months. 25,244 is the level above which the Nifty has to close today to have a positive July series.

While tariffs grab headlines, as many as five Nifty companies, including Hindustan Unilever, Coal India, Sun Pharma, Maruti Suzuki India, and Eicher Motors report results today, along with a long list of broader market names. Earnings reactions also come from names like M&M, Kaynes Tech, while Jio Financial may react to the fundraising news.

Watch this space for all the Live updates.

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