Sensex Slips 263 pts; Pharma, IT Drag

  Published 10 months ago

Indian markets opened lower; Sensex, Nifty declined amid sectoral mixed trends, global tariff jitters, and weak earnings updates.

  • Swiggy dropped 3.23% as Q1 net loss widened to Rs 1,197 crore despite 54% YoY revenue growth.
  • Restaurant Brands Asia gained 2.97% as Q1 net loss narrowed and revenue rose 7.89% YoY to Rs 697.72 crore.
  • Global markets fell after Trump’s sweeping tariff decision; Asian shares slipped, EU negotiated partial exemptions.

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