Stock Market Close: Sensex Drops 706 Pts, Nifty At 24,501

Indian stocks fell sharply as new US tariffs on Indian exports took effect. The BSE Sensex dropped 706 points to 80,080, and Nifty fell to 24,501. IT, FMCG, and PSU Bank sectors saw declines. Some stocks like Titan and Maruti Suzuki gained, but most sectors closed lower amid rising India-US tensions.