New Delhi, July 12 -- Indian stock markets finished the day in the negative territory on Friday, primarily due to a muted beginning of the first quarter earnings season and an increase in tariff threats from the US, which could impose a 35% tax on goods imported from Canada.

By the end of trading, the Sensex dropped by 689.81 points or 0.83%, settling at 82,500.47, while the Nifty 50 fell by 205.40 points or 0.81%, closing at 25,149.85.

Several market analysts pointed to the revived concerns over tariffs and disappointing corporate earnings, especially in the IT sector, as key factors contributing to the weak market sentiment.

According to Sumeet Bagadia, Executive Director at Choice Broking, the Indian stock market sentiment has turne...