Mumbai, Aug. 26 -- The Indian stock market on Tuesday witnessed a sharp sell-off after the Trump administration issued a notification to impose an additional 25 per cent tariff on Indian imports. The secondary tariffs will come into effect from August 27 and take the total tariff on Indian goods to 50 per cent.

Stock markets traded under pressure today and slipped below crucial support levels, derailing the recent recovery momentum.

At the end of the trading session, Nifty 50 at the National Stock Exchange (NSE) slipped 255.70 points, or 1.02 percent, to 24,712.05, while the BSE Sensex was down 849.37 points, or 1.04 percent, to 80,786.54.

"The announcement triggered a wave of risk-off sentiment across domestic markets, leading to broa...