Winning Bizness Desk

Mumbai.Despite early weakness, Indian equity markets closed higher on Thursday, August 7, 2025. The Sensex gained nearly 80 points to settle at 80,623.26. The Nifty 50 also ended in green at 24,596.15.

Markets opened lower amid weak global cues

Trading began on a negative note, especially in sectors like banking, IT, and auto. Out of the 30 Sensex stocks, 24 were trading in the red during the early session.

Trump signs executive order to double tariffs

Late Wednesday night (India time), US President Donald Trump signed an executive order imposing an additional 25% tariff on Indian goods. This brings the total tariff to 50%, effective from August 27, 2025. The decision is linked to India's ongoing oil trade with Russia.

This was the second tariff announcement in two weeks — the first was on July 30, when a 25% tariff was introduced.

Two IPOs open for public subscription

1. JSW Cement opened its IPO aiming to raise ₹3,600 crore, with a price band of ₹139-147 per share.

2. All Time Plastics Limited also launched its IPO, seeking ₹400 crore with a price band of ₹260-275 per share.

Key IPO timeline

Opening Date: August 7

Closing Date: August 11

Share Allotment: August 12

Refunds / Demat Credit: August 13

Listing Date: August 14