Equity indices fell sharply after Trump imposed 25% tariffs on Indian goods; volatility spikes ahead of Nifty F&O expiry.

• Sensex fell 604 pts, Nifty slipped below 24,700; Mid- and Small-Caps also witnessed sharp losses amid weak market breadth.
• India VIX jumped 6.06% to 11.89, signaling rising volatility; oil & gas stocks dragged for the second session in a row.
• Brigade Hotel Ventures listed at an 8.9% discount; HEG jumped 11% on strong Q1, while ITD Cementation posted 37% profit growth.