Tariff trauma: Sensex is back below 80k mark after 3 months

Indian stock markets witnessed a significant downturn on Friday, with the Sensex plummeting 765 points to a three-month low of 79,858, and the Nifty shedding 233 points. Investor sentiment was negatively impacted by fears of US tariffs harming Indian companies and the economy, coupled with continuous foreign fund outflows.