Mumbai, Aug. 5 -- Domestic equity benchmarks ended modestly lower on Monday, with the Nifty 50 settling just below the 24,650 mark. Energy, FMCG, and pharma stocks led the decline, dragging the index down as sentiment soured in the face of fresh geopolitical jitters.

The market mood deteriorated after U.S. President Donald Trump renewed his threat of imposing steep tariffs on India over its continued purchase of Russian oil. The sharp rhetoric revived concerns around global trade tensions, just as investors were already navigating through mixed Q1 earnings and persistent foreign portfolio outflows.

The S&P BSE Sensex dropped 308.47 points or 0.38% to 80,710.25. The Nifty 50 index declined 73.20 points or 0.30% to 24,649.55.

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