The Indian stock market closed in the red on Thursday, with banking and IT counters leading the decline after the United States’ additional 25% tariffs on Indian imports came into effect, shaking investor confidence. The BSE Sensex tumbled 705.97 points, or 0.87%, to end at 80,080.57, while the NSE Nifty slipped 211.15 points, or 0.85%, to close at 24,500.90.
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