Markets continued their downward trajectory for the seventh consecutive session during Thursday’s midday trade, with the Sensex declining 319.88 points or 0.39 per cent to 80,839.80 and the Nifty 50 dropping 106.60 points or 0.43 per cent to 24,784.25.

The selling pressure persisted from Wednesday’s session when markets had closed lower by over 0.40 per cent each, extending the losing streak that began last week. Foreign institutional investors maintained their selling spree, having offloaded equities worth ₹4,995 crore on September 25, pushing the monthly outflow tally to ₹24,454 crore.

Pharmaceutical stocks faced intense pressure following the Trump administration’s decision to impose 100 per cent tariffs on branded pharmaceutical imports from October 1. Sun Pharma emerged as the t

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