Market Wrap (28th August 2025): Tariffs Sink Indices, Titan Stands Tall
- LIGHTNING MCQUEEN
- Aug 28
- 2 min read
Indian equities had a bruising Thursday as fresh U.S. tariff headlines rattled sentiment, dragging benchmarks deep into the red. Yet amid the selloff, one heavyweight—Titan Company—managed to show rare resilience.
🔻 Indices at a Glance
Sensex: Closed at 80,081 (-706 points, -0.87%)
Nifty 50: Ended at 24,501 (-211 points, -0.85%)
The day started on a weak note after the U.S. raised duties on Indian imports to an effective 50%, sparking concerns for exporters and triggering risk-off behavior across the board. Foreign institutional investors (FIIs) have already pulled ~$2.66 billion out of Indian equities this month, adding more pressure.
📉 Sector & Stock Highlights
Sector losers: Banking, IT, and Realty stocks bore the brunt of the selling. Tech majors like TCS, Infosys, HCL Tech were among the top laggards.
Sector survivor: Consumer Durables was the only pack to hold its ground.
Notable losers: Shriram Finance, Power Grid, Infosys, HCL Tech dragged the indices lower.
🔥 Stock in Focus: Titan Company
On a day when most large caps bled, Titan bucked the trend and managed to finish in the green.
Intraday action (based on your 5-min chart): After a soft open near ₹3,629, Titan staged a sharp bounce, climbing to ₹3,650+ before consolidating around ₹3,632–3,640.
Relative strength: Titan appeared on the Nifty gainer board, joining the likes of L&T, Coal India, Asian Paints, Hero MotoCorp.
Support & resistance: Strong bids were visible around ₹3,600–3,615 (support), while the immediate hurdle lies at ₹3,650–3,670. A breakout above ₹3,700 could attract momentum buying.
🧭 What This Means
Macro headwinds remain heavy. The U.S. tariff hike has injected uncertainty into trade-sensitive sectors. Combined with persistent FII outflows, the near-term environment remains fragile.
Indices at crossroads. The Sensex needs to defend the 80,000 mark, while the Nifty must hold 24,500 to avoid further downside pressure.
Stock-picking matters. On weak market days, relative strength names like Titan often reveal where institutional money is quietly rotating.
✅ Bottom Line
28th August was a rough day for Indian equities: global trade tensions and foreign outflows sent benchmarks lower, wiping out gains across most sectors. But the standout story was Titan Company, which resisted the broader market weakness and flashed clear signs of accumulation.
In a red sea Titan looked like the rare green buoy.
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