Indian markets experienced a significant downturn on Tuesday, with both the Nifty and Sensex falling by over 1% due to the US imposing a 25% tariff. Except for FMCG, all sectoral indices declined, with realty, PSU bank, and consumer durables taking the biggest hit.
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Reliance Power’s shares declined as the Enforcement Directorate filed a chargesheet in a fake bank guarantee case, weighing on investor sentiment and drawing renewed attention