This edition of Market Closing from Business Today focuses on the Indian stock market’s sixth consecutive session of losses, triggered by the US imposing a 100% tariff on branded and patented drugs. The move led to a sharp fall in Indian pharma stocks, with companies like Sun Pharma hitting a 52-week low. The programme examines the impact of the tariffs, with experts debating whether India’s generic-heavy export portfolio to the US provides a shield. This development casts a shadow on the ongoing India-US trade talks led by Commerce Minister Piyush Goyal. In contrast, the domestic market is witnessing a festive boom, with Maruti Suzuki reporting over 80,000 units sold since Navratri began.
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