Sensex Drops Over 250 Points, Nifty Slips Below 24,650; Sectoral Indices in Deep Red

Indian benchmark indices, Sensex and Nifty, declined on Tuesday as market sentiment turned negative following fresh tariff warnings from U.S. President Donald Trump over India's continued imports of Russian crude. Sectoral Performance: All major sectoral indices traded in negative territory, with sharp losses in Nifty IT and Nifty Pharma leading the downturn. Investor caution rose after Trump signaled potential "significant" tariffs on Indian imports. Broader Market Trend: In contrast, the Nifty Smallcap 100 index displayed resilience, managing to trade higher despite the broader market decline. Meanwhile, the Nifty Midcap 100 index remained largely unchanged. Key Stock Movements:

block deal: 2.9% stake exchanged; Antfin likely exits position. d Bank rallies over 4% after Rajiv Anand is appointed as MD & CEO. y Phillips surges 10% on a 56% YoY jump in Q1 profit, announces 2:1 bonus issue. x India slips over 4% post Q1 FY26 earnings release. a Infotech makes a strong market debut, listing at a 51% premium over its IPO price. Disclaimer: This is not investment advice. The information is provided solely for informational purposes. Please consult a financial advisor before making any investment decision.