India, Aug. 1 -- Equity benchmark indices Sensex and Nifty continued to decline on Friday following US President Donald Trump's tariff announcement ahead of the August 1 deadline.

The 30-share Sensex declined by 210 points to reach 80,975, while the Nifty 50 fell by 50 points to settle at 24,718.

Automobile, oil and banks stocks, including Mahindra, Tata Steel, Tata Motors, Infosys and Tech Mahindra were among the top losers. On the other hand, stocks like Hindustan Unilever, Asian Paints and ITC opened in green.

12 out of 16 major sectors declined in the early hours of trade while the broader smallcaps and midcaps traded flat.

The downward trend continued as Trump announced new tariffs of up to 41% on goods imported from dozens of co...