Indices Weighed Down by Trump's Tariffs

BSE Midcap index plunged 3.08 per cent, and the Smallcap index crashed 3.43 per cent

- STATESMAN NEWS SERVICE

The stock market on Friday remained under pressure for a second consecutive session. The indices were weighed down by Trump's tariffs, as Nifty fell below 23,000 and the Sensex saw a cut of over 900 points.

Sensex closed 931 points, or 1.22 per cent, down at 75,364.69, while the Nifty 50 ended with a loss of 346 points, or 1.49 per cent, at 22,904.45. BSE Midcap index plunged 3.08 per cent, and the Smallcap index crashed 3.43 per cent.

For the week, the BSE Sensex and Nifty fell 2.6 per cent each, while the IT index suffered the most, falling 9 per cent on a weekly basis due to uncertainty over IT client spends.