Indian stock market, Aug. 7 -- What could be termed as a classic tussle between bulls and bears, the Indian stock market benchmarks - the Sensex and the Nifty 50 - are neither nosediving nor showing complete resilience against the looming tariff threat.
The Sensex opened at 80,262.98, compared to its previous close of 80,543.99, and dropped 565 points, or 0.70 per cent, to an intraday low of 79,979.05.
The Nifty 50 started the day at 24,464.20 against its previous close of 24,574.20 and declined 0.76 per cent to an intraday low of 24,387.55.
Both indices, however, pared losses later. Around 1 PM, the Sensex was 411 points, or 0.51 per cent down at 80,133, while the Nifty 50 was 140 points, or 0.57 per cent, down at 24,434.
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