Post Market Update- Sensex plunges 765 pts, Nifty close at 24,363

Stocks in the news-

1. JK Tyre Q1 net profit down 21.8% YoY at Rs. 165.4 Cr.

2. Sequent Scientific Q1 net profit up 94.4% YoY at Rs. 17.5 Cr.

3. SBI Q1 net profit rose by 13% YoY at Rs. 19,160.4 Cr

Indian indices-

The benchmark indices declined nearly 1% on August 08, 2025, led by tariff-related concerns and persistent foreign fund outflows. All the sectoral indices ended in the red. BSE Midcap index fell 1.5% and smallcap index shed 1%. At close, the Sensex was down 765.47 points or 0.95% at 79,857.79, and the Nifty was down 232.85 points or 0.95% at 24,363.30.

Rupee ended at 87.66/$ against August 07 close of 87.70/$.

Buzzing stocks on BSE-

1. India Pesticides rose 1.70% to Rs. 226.95, after the company's consolidated net profit jumped 79.20% to Rs. 34.91 crore in Q1 FY26.

2. Subros declined 7.88% to Rs. 805.70, after the company reported an 11.62% decline in consolidated net profit to Rs. 40.83 crore in Q1 FY26.

3. Data Patterns (India) tumbled 5.51% to Rs. 2,427.45, after the company’s standalone net profit fell 22.23% to Rs 25.50 crore in Q1 FY26.

Global Signals-

Asia-Pacific markets closed mostly lower as two key Wall Street benchmarks fall.

European markets were mixed. DAX down 0.05%, FTSE 100 up 0.01% and CAC 40 up 0.23%.