Indian equity benchmarks open higher after five weeks of losses

Aug 4, 2025, 10:52 GMT+7
Reuters - India's equity benchmarks opened higher on Monday, following five straight weeks of losses as investors assess U.S. tariffs and the Federal Reserve's future policy action after weak U.S. labour market data.
The Nifty 50rose 0.3% to 24,637.45 points and the BSE Sensexgained 0.27% to 80,800.42 as of 9:20 a.m. IST.
Thirteen of the 16 major sectors advanced, but gains were marginal. The broader small-capsand mid-capstraded flat.
The Nifty and Sensexindexes fell about 1.1% last week, marking their fifth straight week of losses as the U.S. hit several trading partners with steep tariffs and imposed a 25% duty on India, stoking global growth worries.
Meanwhile, data showed U.S. employment growth was weaker than expected in July and the count for the prior two months was revised down significantly, increasing the probability of a Fed rate cut in September.

Sumber : Reuters