Markets fall for 3rd day amid high tariffs, Sensex declines 271 points

Equity benchmark indices Sensex and Nifty fell on Friday, extending their downward journey to the third day, as investors continued to reel under pressure caused by the imposition of high tariffs and relentless foreign fund outflows.

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MUMBAI:

The 30-share BSE Sensex dropped 270.92 points or 0.34 per cent to settle at 79,809.65.

The 50-share NSE Nifty edged lower by 74.05 points or 0.30 per cent to 24,426.85.

The market capitalisation of BSE-listed firms eroded by Rs 11,21,459.36 crore to Rs 4,43,65,504.09 crore ($5.05 trillion) in three days.