Sensex, Nifty fall nearly 1% on selling in IT, auto

Tariff-related uncertainties, mixed global market trends added to pressure

- Press Trust of India

Key benchmark indices Sensex and Nifty declined for the third session in a row on Friday, dropping nearly 1%, dragged by heavy selling in IT, auto and energy stocks.

Tariff-related uncertainties amid mixed global market trends also added to the pressure, analysts said.

The 30-share BSE Sensex tanked 689.81 points or 0.83% to settle at 82,500.47. During the day, it fell 748.03 points or 0.89% to 82,442.25.

Similarly, the 50-share NSE Nifty dropped 205.40 points or 0.81% to 25,149.85.

From the Sensex firms, Tata Consultancy Services declined 3.46% after reporting its June quarter earnings.