Mkts fall on selling in IT, tech as US hikes tariffs

Sensex fell 0.42% to close at 76,295.36, while Nifty declined 0.35% to 23,250.10

- Press Trust of India

MUMBAI: Benchmark indices Sensex and Nifty settled lower on Thursday due to selling in IT and tech shares and a global sell-off as US President Donald Trump unveiled reciprocal tariffs on 60 countries, including India.

The 30-share BSE Sensex declined by 322.08 points or 0.42% to close at 76,295.36. During the session, it plunged 809.89 points or 1.05% to hit an intraday low of 75,807.55 but recovered some of the losses as pharma shares advanced.

The broader NSE Nifty fell 82.25 points or 0.35% to settle at 23,250.10. The index declined by 186.55 points or 0.79% to a low 23,145.80 in early trade but later pared some losses.