By the close, the Sensex settled at 84,180.96, down 780.18 points or 0.92 per cent, while the Nifty50 ended at 25,876.85, down 263.9 points or 1.01 per cent.
By the close, the Sensex settled at 84,180.96, down 780.18 points or 0.92 per cent, while the Nifty50 ended at 25,876.85, down 263.9 points or 1.01 per cent.
Indian equity markets posted their worst performance in a month on Thursday, extending losses for the fourth straight session as investor sentiment weakened sharply amid rising concerns over India–US trade tensions.
The sell-off intensified after reports indicated that the Donald Trump administration could consider imposing tariffs of up to 500 per cent on Indian goods. The possibility of steep duties led to broad-based risk aversion, with traders reducing exposure across sectors.
By the close, the Sensex settled at 84,180.96, down 780.18 points or 0.92 per cent, while the Nifty50 ended at 25,876.85, down 263.9 points or 1.01 per cent. The broader market underperformed, with the Nifty Midcap 100 falling 1.96 per cent and the Nifty Small cap 100 declining 1.99 per cent.
Sectorally, the weakness was widespread with all indices ending in the red. The Nifty Metal index was the biggest drag, slipping over 3 per cent. Nifty Oil and Gas dropped 2.8 per cent, Nifty PSU Bank fell 2 per cent and Nifty IT lost 1.99 percent, reflecting widespread selling pressure across cyclicals and defensives.
