Buy or sell stocks, Aug. 30 -- Hurt by the imposition of higher tariffs by the US and foreign fund outflows, the Indian benchmark indices - Sensex and Nifty - ended lower for the third session in a row on Friday, taking their weekly loss to 1.8%.

Sensex and Nifty lost 0.3% each in trade on Friday, ending the month of August in the red. While the BSE barometer Sensex lost 1.7% for the month, Nifty 50 declined 1.4%. This follows a 3% decline in July.

The imposition of an additional 25% tariff on Indian goods on Wednesday by the US, over the purchase of Russian oil, effectively doubled the earlier 25% duty.

Meanwhile, foreign investors have pulled out $3.3 billion from Indian stocks in August, according to a Reuters report, the heaviest o...