Stock market today, April 25 -- The equity benchmark indices, Sensex and Nifty 50, witnessed a notable drop during Friday's session, largely attributed to a decline in Axis Bank and rising worries about geopolitical tensions following the terrorist attack in Pahalgam, Jammu & Kashmir. After erasing all initial gains, the 30-share BSE benchmark fell sharply by 1,004.04 points, settling at 78,797.39 in late morning trade. The Nifty 50 dropped by 338.1 points, bringing its total down to 23,908.60.

Market analysts observed that concerns over heightened geopolitical tensions following Tuesday's terror attack adversely affected market sentiment. Meanwhile, Asian markets showed positive trends, with South Korea's Kospi index, Japan's Nikkei 225...