Stock Market Crash: Indian stock markets faced a sharp decline on Friday. This occurred after US President Donald Trump declared significant tariffs. These tariffs, reaching up to 100%, will affect branded and patented drug imports. The new tariffs are scheduled to take effect from October 1, 2025. The Sensex and Nifty50 both experienced considerable drops following this announcement.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets