Indian equity markets witnessed a broad-based decline on July 31 as IT, metal, and real estate stocks dropped sharply, reacting to global cues. Investor sentiment took a hit following US President Donald Trump\u2019s announcement of 25% tariffs on Indian goods and the outcome of the US Federal Reserve\u2019s FOMC meeting, which opted to keep interest rates steady.<\/p>\n
Stocks in the IT, metal, and realty sectors were among the worst hit:<\/p>\n
Hindustan Copper, Wipro, and Oberoi Realty fell up to 4%<\/p>\n<\/li>\n
Sectoral indices for IT, metal, and realty were down more than 1% each<\/p>\n<\/li>\n
Broader markets mirrored the decline, with Sensex falling 460 points to hover near 81,022, and the Nifty slipping 141 points to 24,714, a drop of around 0.6%<\/p>\n<\/li>\n<\/ul>\n
Also Read: Trump\u2019s Tariff Impact: Gokaldas, Pearl Global, Other Textile Stocks Fall Up to 9%<\/a><\/p>\n The sharp selloff was driven by two key developments:<\/p>\n Donald Trump\u2019s Tariff Announcement: US Fed\u2019s FOMC Outcome: With global uncertainties and sectoral weakness dominating the session, analysts are advising a defensive stance.<\/p>\n \u201cGiven the current landscape of heightened volatility and mixed technical signals, traders are advised to adopt a cautious \u2018sell-on-rise\u2019 strategy,\u201d said Hardik Matalia, an equity strategist.<\/p>\n<\/blockquote>\n The twin impact of geopolitical trade tensions and monetary policy uncertainty has added to short-term volatility in Indian equities. While benchmark indices held key support levels, sectoral pressure\u2014especially in globally exposed industries like IT and metals\u2014suggests that markets may remain sensitive to further global developments in the near term.<\/p>\n Click here to explore\u00a0<\/i><\/span><\/p>\n Indian equity markets witnessed a broad-based decline on July 31 as IT, metal, and real estate stocks dropped sharply, reacting to global cues. Investor sentiment took a hit following US President Donald Trump\u2019s announcement of 25% tariffs on Indian goods and the outcome of the US Federal Reserve\u2019s FOMC meeting, which opted to keep interest […]<\/p>\n","protected":false},"author":6,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1383],"class_list":{"0":"post-12852","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1383,"user_id":6,"is_guest":0,"slug":"pradeep","display_name":"Pradeep Sangatramani","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/09\/Pradeep-Sangatramni.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/09\/Pradeep-Sangatramni.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/12852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=12852"}],"version-history":[{"count":3,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/12852\/revisions"}],"predecessor-version":[{"id":12887,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/12852\/revisions\/12887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/12853"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=12852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=12852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=12852"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=12852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Global Triggers: Trump\u2019s Tariffs and FOMC Hold<\/h2>\n
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The US President, in a post on Truth Social, confirmed a 25% tariff plus additional penalties on India, effective August 1. He cited India\u2019s “high tariffs” and its purchase of Russian military equipment and oil as reasons for the move.<\/p>\n<\/li>\n
The Federal Reserve\u2019s Federal Open Market Committee kept interest rates unchanged at 4.25%\u20134.5% in its July 29\u201330 meeting. While the pause was widely expected, investors remained cautious amid the Fed’s signal of data-dependent decisions in future meetings.<\/p>\n<\/li>\n<\/ol>\nMarket Outlook: ‘Sell on Rise’ Strategy in Focus<\/h2>\n
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Neutral Analysis<\/h2>\n
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