Capital Market Stocks Extend Losses Amid Tariff Worries

Capital market stocks plunged on August 26, dragging the Nifty Capital Markets index down over 2% to 4,302, marking a second straight session of losses. Sensex and Nifty also fell nearly 0.7% each, while India VIX spiked 4%. Weak global cues, FII selling, rupee weakness, and looming Trump tariffs on Indian exports weighed heavily on markets.