Indian stock market ends lower amid US tariff jitters, Sensex declines 765 points

MUMBAI: The Indian stock market ended lower on Friday amid heavy selling across the sectors and persistent FIIs outflow due to US tariff jitters.

Sensex closed at 79,857.79, down 765.47 or 0.95 per cent. The 30-share index opened in negative territory at 80,478.01 against last session's closing of 80,623.26 following selling pressure due to US tariff concerns. The index touched an intraday low at 79,775, falling about a per cent to a three-month low, amid overall selling.

Nifty ended the session at 24,363.30, down 0.95 per cent or 232 points.

"The Indian equity market exhibited downward movement, closing at a three-month low amid growing concerns over the impact of U.S. tariffs on Indian exports. FIIs remained net sellers, intensifying the pressure on domestic indices," said Vinod Nair, Head of Research, Geojit Investments Limited.

The pessimism was broad-based, with realty and metals bearing the biggest brunt. Additionally, global financial institutions have begun revising India’s economic outlook downward, citing the adverse effects of the ongoing tariff concern, Nair added.

Bharati Airtel, Tata Motors, Mahindra and Mahindra, Kotak Bank, Reliance, Axis Bank, Asian Paints, Ultratech Cement, HDFC Bank, Tata Steel, BEL, Infosys were among the top losers from the Sensex basket. While NTPC, Titan Trent settled in green.