India, Aug. 8 -- Jitters over US President Donald Trump's India tariffs and non-stop foreign fund outflows tumbled equity benchmark indices Sensex and Nifty on Friday, with the former tanking 765.47 points or 0.95 per cent to settle at 79,857.79.
The 50-share NSE Nifty dropped 232.85 points or 0.95 per cent to 24,363.30, according to figures mentioned in a PTI news agency report.
On a weekly basis, the Nifty fell 0.8 per cent, while the Sensex lost 0.9 per cent. This marks the longest losing streak for the benchmarks since April 2020, according to a Reuters report.
US President Donald Trump on Wednesday doubled India tariffs to 50 per cent citing Russian oil purchase. Trump imposed 50 per cent tariff on India in two phases, a 25 per ce...
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