Markets plunged for the sixth consecutive session on Friday, with the Sensex tumbling 733.22 points (-0.90 per cent) to close at 80,426.46, after the United States announced a steep 100 per cent tariff on imports of branded and patented pharmaceutical products effective October 1. The Nifty 50 dropped 236.15 points (-0.95 per cent) to end at 24,654.70, falling below the psychologically important 25,000 mark.

The unexpected tariff announcement sent shockwaves through Indian equities, rattling already fragile investor sentiment that was still reeling from the recent hike in H-1B visa fees. “Indian equities ended sharply lower on Friday in a broad-based sell-off after the US announced a steep 100 per cent tariff on imports of branded and patented pharmaceutical products effective Oc

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