Sensex, Nifty dip as Trump’s 100% tariff hits pharma
Indian stock markets opened lower on Friday as Sensex fell 203 points and Nifty slipped 72 points after US President Donald Trump announced a fresh 100% tariff. Pharma stocks, including Sun Pharma, Cipla, and Dr Reddy's, led the losers, while L&T and Tata Steel gained. Asian markets also mirrored the weakness, extending global tariff jitters.