Domestic investors in India took to profit-booking after a week of gains, resulting in a significant drop in both the sensex and Nifty. The sensex plummeted by 729 points, while the Nifty lost 189 points. Market analysts pointed to the upcoming US tariff declarations and sectoral effects, particularly in the pharma and IT industries, as the driving forces behind this downward trend. Interestingly, despite foreign investors indicating signs of net buying, the market stability was still shaken. The impact of these decisions on the Indian stock market remains to be seen as investors navigate through these uncertain times.