Sensex extends losing streak, sheds 733 points; Nifty slips below 24,700;

M&M

down 4%,

ETERNAL

l slides 3%

Indian equities tumbled for the sixth straight session on Friday, with benchmark indices under heavy selling pressure. The Sensex and Nifty saw sharp declines as renewed tariff concerns dented sentiment after U.S. President Donald Trump announced steep duties on several goods, including pharmaceuticals and automobiles. Market Performance The Sensex plunged over 800 points intraday, dipping below the 80,400 mark, while the Nifty50 slid more than 250 points to breach 24,650. By the close, the Sensex settled at 80,426.46, down 733.22 points or 0.90%. The Nifty wrapped up at 24,654.70, losing 236.15 points or 0.95%. Key Drags Pharma counters led the decline after tariff shock Global cues remained weak Persistent FII outflows weighed on sentiment Rupee depreciation against the dollar hurt confidence Safe-haven demand boosted gold appeal Sectoral Impact Pharmaceutical shares bore the brunt, sinking as much as 5%. Sun Pharma tanked 5% to hit a 52-week low of ₹1,547. Biocon slipped 3.3% to ₹344, while Zydus Lifesciences fell 2.8% to ₹990. Trump’s Tariff Rollout 100% duty – Branded and patented medicines 25% duty – Heavy-duty trucks 50% duty – Kitchen cabinets & bathroom vanities 30% duty – Upholstered furniture Investment in securities market are subject to market risks. Read all the related documents carefully before investing.