Stock Market Wrap-Up: Sensex Tanks 765 Points, Nifty Slips Below 24,400; Tata Motors, M&M Decline 2% Each

Indian equities closed sharply lower on Friday, marking a sixth straight week of losses for key indices. A mix of global and domestic pressures including U.S. President Donald Trump’s unexpected move to double tariffs on Indian goods, continued foreign investor exits, and lackluster Q1 earnings dampened market sentiment. The BSE Sensex plummeted by 765.47 points (or 0.95%) to end the day at 79,857.79, while the NSE Nifty retreated 232.85 points (or 0.95%) to settle at 24,363.30. Notable Market Moves

shares surged 5% following Q1 results; analysts weigh in with fresh recommendations. Ltd. stock slipped over 2% post-earnings, as brokerages revised ratings and lowered target prices. Flysbs Aviation debuted with a 90% premium on the NSE SME platform compared to its IPO price. l dropped 3%, amid reports that a promoter may have offloaded a 1% stake in a ₹12,500 crore block deal. What Triggered Today’s Market Decline? Trump’s Tariff Hike – A sudden 50% increase in tariffs on Indian exports by the U.S. rattled trade sentiment. Persistent FII Outflows – Foreign institutional investors continued to pull out capital from Indian markets. Disappointing Q1 Results – Earnings offered little support, failing to boost investor confidence. Dollar Strength – A stronger U.S. dollar added pressure on emerging market currencies and stocks. Weak Technical Indicators – Charts suggest fragile support levels, increasing downside risk.