Sensex, Nifty tank nearly 1% on selling in pharma, IT shares after new Trump tariffs on drugs


Representative image of Bombay Stock Exchange (BSE) Building in Mumbai

Representative image of Bombay Stock Exchange (BSE) Building in Mumbai | Photo Credit: PTI

Benchmark Stock Index Sensex and Nifty recorded a decline of nearly 1% on Friday (September 26, 2025), with a decline for the sixth consecutive day after heavy sales in Pharma and US President Donald Trump announced 100% duties on pharmaceutical drugs from next month.

The 30-Sare BSE Sensex scored 733.22 points or 0.90% tank to settle at a three-week low of 80,426.46. During the day, it fell from 827.27 points or 1% to 80,332.41.

The 50-Sare NSE Nifty exceeded the three-week-level of 236.15 points or 0.95% of the three-week of 24,654.70. The index is at a decline since September 19, more than 3 % tankers in six straight sessions. Sensex has fallen by 2,587.50 points or 3.16% in six sessions from Friday.

Most pharma stocks declined, the BSE Healthcare Index was pulled down the BSE Healthcare Index by 2.14% after Trump’s move to impose 100% import tariffs on pharmaceutical drugs from 1 October. Walkhart’s shares did 9.4% tank.

In his post on social media platform Truth Social, Trump wrote, “From October 1, 2025, we will impose 100% tariffs on any branded or patent pharmaceutical products, unless a company is building its pharmaceutical manufacturing plant in the US.” The US President further clarified, “Building” will be defined as “braking ground” and/or “under construction”. Therefore, there will be no tariff on these drug products when construction starts.

Sensex Firms, Mahindra & Mahindra, Eternal, Tata Steel, Bajaj Finance, Asian Pents, Sun Pharma, Tech Mahinda, Infosys, Tata Consultancy Services and HCL TECH were the biggest legords.

However, Larsen and Toubro, Tata Motors, ITC and Reliance Industries were beneficial.

“Indian Equality declined rapidly in a widespread -based sales on Friday, when 100% tariff was announced on import of pharmaceutical products branded and patented by the US, effective from 1 October. Unexpected move already incited the spirit of the delicate investor, which was still recently raising huge sales in this week.

Online Trading Money, CEO of an online trading and wealth tech firm, Ponmudi R, “It and Healthcare stocks reduced the widely weak people, while drawing wide indices, at least pulling the wide indices.”

Among the Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite Index and Hong Kong’s Hong Seng were significantly reduced.

Equity markets in Europe were trading in a positive sector. The US markets decreased on Thursday.

According to exchange data, foreign institutional investors (FII) on Thursday launched the price of 4,995.42 crores.

Global Oil Benchmark Brent crude was 0.27% diverted to $ 69.23 per barrel.

On Thursday, Sensex arranged 555.95 points or 0.68% at 81,159.68. The Nifty dropped 166.05 points or 0.66% to 24,890.85.


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