Daijiworld Media Network - Mumbai

Mumbai, Dec 9: Indian equity markets slipped on Tuesday as investors chose to book profits after a strong recent rally, triggering a broad decline across key indices. Market sentiment was further dampened by reports that U.S. President Donald Trump may consider fresh tariffs on Indian rice, raising renewed concerns over the unresolved trade talks between the two countries.

The Sensex closed 436.41 points lower at 84,666.28, a drop of 0.51 per cent. The Nifty also retreated, ending at 25,839.65 after losing 120.90 points, or 0.47 per cent.

Several major stocks weighed on the benchmarks, with Asian Paints, Tech Mahindra, HCL Tech, Tata Steel, Maruti Suzuki, Sun Pharma, TCS, ICICI Bank and Bajaj Finance among the biggest laggards. These shares declined as

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