Indian Markets Plummet: Sensex Dips, Nifty Below 26,000 on US Tariff Threat

Indian equity markets witnessed a significant downturn on January 8, 2026, with the Sensex falling over 621 points and the Nifty50 slipping below the 26,000 mark. This rout was primarily driven by global cues, foreign fund outflows, and a looming 500% tariff threat from the US related to India's Russian oil purchases.

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