Sensex, Nifty 50 end lower but outshine Asian peers as Trump tariffs hit markets; pharma stocks shine

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Stock market today: Indian markets ended Thursday’s session, April 3, lower, but outperformed most Asian peers, as the 26% duty, announced by the Donald Trump administration on Tuesday, on Indian exports, made it one of the least-tariffed Asian exporters.

The major relief came as Trump excluded tariffs on drug exports, triggering a sharp rally in domestic pharma stocks, as the sector has significant exposure to the U.S. market.



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