Stock market today, Aug. 8 -- Ongoing tariff pressures and persistent selling by foreign portfolio investors (FPIs) impacted investor sentiment on Friday, causing both benchmark indices to open lower.

The Nifty 50 index commenced at 24,544.25, decreasing by 51.90 points or 0.21 percent, while the BSE Sensex began the day at 80,483.56, reflecting a slight drop of 139.70 points or 0.17 percent.

Market analysts observed that investors are adopting a cautious stance, forecasting sideways movement in the short term as they await more insight into the effects of the new tariffs.

Rajesh Palviya of Axis Securities, expect Nifty 50's relief rally towards the resistance zone of 24,800-25,000 levels. Palviya suggests three stocks to buy, hold, ac...