Bears continued to dominate the stock market on Friday, dragging the Nifty below 24,650 intraday as selling pressure intensified across sectors, particularly in pharma and IT stocks. IT counters tumbled following a weak growth outlook from Accenture.

Pharma shares were among the worst hit, falling between 4–7% after US President Trump announced a 100% tariff on imports of branded or patented drugs starting October 1. Laurus Labs, Biocon, and Zydus Life were the top losers, slipping 4–7%, while Sun Pharma recorded the largest trading volume among drugmakers, closing 2.6% lower.

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At the close, the Sensex fell 733.22 points, or 0.90%, to 80,426.46, while the Nifty ended 236.15 points, or 0.95%, lower at 24,654.70.

Broader indices underperformed the benchmarks, with the BSE Mi

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