Indian stock market, Aug. 27 -- The Nifty 50 saw its sharpest intraday decline in three months on Tuesday, slipping 1.02% to 24,712, as investor sentiment weakened following confirmation from the US Department of Homeland Security that Washington will impose an additional 25% tariff on all goods originating from India starting Wednesday, casting a shadow over the outlook for Asia's third-largest economy.

The Sensex settled at 80,786.54, down 849 points or 1.04 per cent, while the Nifty 50 slipped 256 points or 1.02 per cent to close at 24,712.05. The BSE Midcap index declined 1.34 per cent, and the Smallcap index dropped 1.68 per cent.

"As of August 26, 2025, Nifty 50 closed at 24,712, down 1.02%, amid growing concerns over US tariffs o...