Mumbai, Aug. 26 -- The key equity benchmarks ended with sharp losses on Tuesday, unsettled by concerns over potential U.S. trade actions. Investor sentiment soured after Washington issued a draft notice proposing tariffs of up to 50% on Indian goods, effective from Wednesday, 27 August 2025.

The slide was compounded by persistent FII selling, weakness in the rupee, and negative cues from global markets. Both the Sensex and Nifty gave up last week's gains, with the Nifty closing below the 24,750 mark. Sectorally, consumer durables and metal stocks were among the worst hit. In contrast, FMCG counters bucked the downtrend.

The S&P BSE Sensex dropped 849.37 points or 1.04% to 80,786.54. The Nifty 50 index tumbled 255.70 points or 1.02% to 2...