Domestic investors in India were seen engaging in profit-booking activities as the sensex witnessed a sharp decline of 729 points, while the Nifty lost 189 points. This drop came after seven consecutive days of gains in the market. Analysts have pointed to the upcoming US tariff announcements as a key factor contributing to this downturn, along with sectoral impacts particularly felt in the pharmaceutical and information technology sectors. Despite this, foreign investors continued to show signs of net buying, signaling some level of market stability. The market sentiment remains cautious as investors keep a close eye on global developments that could potentially impact Indian markets in the near future.