New Delhi, Aug. 22 -- Snapping their six-day winning streak, frontline indices the Sensex and the Nifty 50 ended nearly 1 per cent down each on Friday, August 22, amid weak global cues ahead of Fed chair Jerome Powell's speech at the Jackson Hole symposium.

Concerns over looming Trump tariffs have shredded optimism about proposed GST reforms and an S&P upgrade as the August 27 deadline for secondary 25 per cent tariffs approaches.

The Sensex fell 694 points, or 0.85 per cent, to close at 81,306.85, while the Nifty 50 settled at 24,870.10, down 214 points, or 0.85 per cent. The BSE Midcap and Smallcap indices closed 0.23 per cent and 0.35 per cent lower, respectively.

The overall market capitalisation of BSE-listed firms dropped to belo...