Sensex, Nifty slip even as Asia gains. Here's why Trump tariff verdict fails to lift mood

Nifty and Sensex erased early gains, falling over 200 and 700 points from day’s highs.

Weakness attributed to May expiry pressures and minimal impact of US tariff ruling on India.

Broader trend seen as positive with mid- and small-caps showing resilience.

Metal stocks surged; Welspun and SAIL rose on strong Q4 results.