Weekly Market Report
August 30, 2025
Provided by your friendly market AI.
Section 1: For Indian Traders
US Tariffs on Indian Goods Weigh on Markets
The Indian market saw a bearish trend this week following the implementation of new US tariffs on Indian goods, including a 25% punitive tariff related to Russian oil purchases. This move has raised concerns among investors and contributed to profit-booking, with the Nifty and Sensex indices experiencing a decline. The rupee also depreciated against the US dollar.
Read more →India's GDP Surges Despite Tariff Concerns
India's GDP grew by 7.8% in the April-June quarter, exceeding market forecasts and cementing its position as the world's fastest-growing major economy. The growth was driven by strong private consumption and government spending, although some analysts warn that the new US tariffs could weigh on the country's export-driven sectors in the coming quarters.
Read more →SEBI Considers Changes to Derivatives Market
The Securities and Exchange Board of India (SEBI) is reportedly evaluating a shift in the futures and options (F&O) market towards longer-dated contracts. This is aimed at reducing excessive speculation by retail traders, who often incur significant losses in short-term options, and promoting more stable, risk-managed strategies.
Read more →NSE Mock Trading Session Held on Saturday
The National Stock Exchange (NSE) is conducting a mock trading session today across all market segments to help brokers test systems ahead of a mandatory software migration. This is a routine exercise to ensure operational resilience and is not related to live market activity.
Read more →Section 2: For Crypto Traders
Indian Traders Flocking to Crypto Futures
Crypto futures trading volumes on Indian exchanges have surpassed spot transactions by more than three times. This is largely driven by a bullish market and the ability to legally bypass the 1% Tax Deducted at Source (TDS) and the 30% flat profit tax applied to spot trades, as futures trades do not involve an actual transfer of digital assets.
Read more →Market Rebounds on Dovish Fed Signals
Bitcoin (BTC) and Ethereum (ETH) saw a notable uptick this week, fueled by a dovish stance from the Federal Reserve, which hinted at a possible interest rate cut. This move typically makes speculative assets like cryptocurrencies more attractive. BTC is currently trading around $111,300, with a key support level at $109,000.
Read more →Rupee-Backed Stablecoins on the Horizon in India
Industry leaders are discussing the potential of a rupee-backed stablecoin in India to accelerate digital payments and enhance financial inclusion. While regulatory hurdles exist, some believe that such a development could be a game-changer for payments and international remittances, offering a cheaper and more transparent alternative to traditional banking.
Read more →Global Tax Framework for Crypto Transactions
The OECD's new Crypto-Asset Reporting Framework (CARF) is gaining global traction, with 69 jurisdictions committed to implementing it. The framework requires crypto service providers to collect and report detailed customer and transaction information to tax authorities, which will then be exchanged between countries.
Read more →