Stock market today, Aug. 28 -- Indian stocks declined on Thursday, following the implementation of an additional 25% punitive U.S. tariffs on imports, with analysts cautioning about short-term market pressures.

The Nifty 50 dropped by 0.48% to 24,594 . 60 points, while the BSE Sensex fell by 0.54% to 80,344.39 as of 12:35 IST. Both the Nifty 50 and Sensex experienced approximately a 1% decline each on Tuesday, marking their steepest single-day percentage fall in three months, prior to the activation of the U.S. tariffs. The domestic markets were closed on Wednesday due to a local holiday.

Analysts indicate that markets are confronting considerable challenges after the U.S. imposed an extra 25% tariff on Indian products in response to Ne...