Why is the stock market down today? Sensex sheds 600 pts, Nifty slips below 25,600 — key reasons behind the slump

Indian equities experienced a sharp decline on Thursday, triggered by the implementation of 25% US tariffs on Indian imports. The Sensex and Nifty opened significantly lower, with banks facing the most substantial selling pressure. Weak global cues and continuous foreign fund outflows further intensified the market downturn, resulting in a considerable loss of market capitalization.