Mumbai, May 8 -- The domestic equity benchmarks ended with substantial losses today, as investor sentiment was dampened down by rising Indo-Pak tensions. Additionally, Fed Chair Jerome Powell cautioned that persistent tariff hikes could slow growth and drive long-term inflation. The Nifty ended below the 24,300 level. Market volatility was heightened due to the weekly expiry of the Nifty F&O series.

Realty, metal and auto shares corrected while IT and media shares edged higher.

As per provisional closing data, the barometer index, the S&P BSE Sensex, slipped 411.97 points or 0.51% to 80,334.81. The Nifty 50 index fell 140.60 points or 0.58% to 24,273.80.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index...