Stock market updates: US President Donald Trump has imposed 100 percent tariffs on imports of all branded and patented drugs since October 1, 2025. Apart from this, 25 percent on heavy trucks and 50 percent tariffs on kitchen cabinet and related products have been announced. Its impact is visible in the Indian stock market today.
The stock market declined on the last trading day of the week. The BSE Sensex opened 203.67 points to open at 80,956.01, while the Nifty opened at 24,818.55 with a drop of 50 72.3 points.
This pharma company is the most damaged
Sun Pharma was the most damaged on BSE, followed by Bajaj Finance and Asian Paints. Those living in profits included Larsen and Toubro (L&T), Bharat Electronics (BEL) and Tata Steel. The Nifty Midcap 100 recorded a decline of 0.21 percent and Nifty Smallcap 100. Talking about the sectoral index, the Nifty Pharma Index declined by more than 2 percent. Conversely, Nifty media and Nifty metals remained in the profit, which led to a rise of 0.62 percent and 0.28 percent respectively.
Global market condition
The Asian market also opened in red mark on Friday. Japan’s Nikkei 225 index fell 0.28 percent due to Trump’s furniture, pharma products and high tariffs on heavy trucks, a decline of 1.5 percent in South Korea’s Kospi Index. Australia’s ASX 200 0.3 percent below.
Here, the US shares closed with a third consecutive session decline on Thursday due to unexpected reduction in unemployment claims and significant reduction in GDP growth. Due to this, the chances of cutting interest rates are decreasing by the end of the year. Overnight, Nasdaq Composite Index 0.5 percent, S&P 500 0.5 percent and Dow Jones fell to about 0.38 %.
Stock market closed after falling on Thursday
The Indian stock market closed down on Thursday. The Sensex broke down at 555.95 or 0.68 % to close at 81159.68. Similarly, the Nifty 50 index also slipped to 166.05 points or 0.66 percent at the level of 24890.85.
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After the H-1B visa, Trump’s eye on this pharma sector, put 100 percent tariff; Stocks can be seen in shares

