New Delhi, Aug. 28 -- The Indian stock market continued to trade under significant pressure for the second consecutive session on Thursday, August 28, weighed down by concerns over Trump's 50 per cent tariff on Indian goods.

The frontline index, the Nifty 50, declined nearly 1 per cent during the session but managed to stay above the psychologically important 24,500 mark. The index hit an intraday low of 24,507.

The domestic market avoided a knee-jerk reaction, raising hopes that it might be discounting the impact of Trump's tariffs and could be near its bottom. Any positive development on the tariff front could trigger a fresh and healthy upside in the market.

Experts believe that the market is in the process of discounting the Trump ...