Mumbai, Sept. 26 -- The domestic equity indices closed with sharp losses on Friday, marking the sixth straight session of decline. Market sentiment was hit after U.S. President Donald Trump announced a 100% tariff on branded drug imports from 1 October 2025. while continued FII selling and H1B visa concerns added pressure. The Nifty settled below the 24,700 level.
All sectoral indices on the NSE ended in the red, with IT, consumer durables, and pharma shares declining the most.
As per provisional closing data, the barometer index, the S&P BSE Sensex tumbled 733.22 points or 0.90% to 80,426.46. The Nifty 50 index slumped 236.15 points or 0.95% to 24,654.70. In six consecutive trading sessions, the Sensex plummeted 3.11% and the Nifty tum...
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