Sensex, Nifty tank nearly 1%

Market Performance - Benchmark indices Sensex and Nifty experienced selling pressure for the fifth consecutive session, declining nearly 1 percent due to investor caution over potential US tariff hikes and ongoing geopolitical concerns [1][7] - The BSE Sensex fell by 604.72 points, or 0.72 percent, settling at 83,576.24, while the NSE Nifty dropped 193.55 points, or 0.75 percent, to 25,683.30 [3][4] Foreign and Domestic Investment - Foreign institutional investors sold equities worth Rs 3,367.12 crore, while domestic institutional investors purchased stocks worth Rs 3,701.17 crore on Thursday [6] - The continuous outflow of foreign capital has negatively impacted market sentiment [3] Sector Performance - Among the 30 Sensex firms, NTPC, ICICI Bank, Adani Ports, Bharti Airtel, Sun Pharma, and Bajaj Finance were the biggest laggards, while Asian Paints, HCL Tech, Bharat Electronics, and Reliance Industries showed gains [4] Global Market Context - Asian markets, including South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite, and Hong Kong's Hang Seng, ended higher, contrasting with the Indian market's performance [7] - European markets were trading positively, while US markets closed mixed [8]