By Shishir Prashant 
PrashantNews
A day after President Donald Trump slapped 25 percent tariffs, the Indian stock market on Thursday remained highly volatile closing 296.28 points down to 81,185.58 after remaining green for a brief period.
Most of the sectors like pharma and metal were under pressure except FMCG.
The equity benchmark indices Sensex and Nifty ended lower after Trump announced the imposition of a 25 per cent tariff on all goods coming from India starting from August 1 and an unspecified penalty for buying oil from Russia.
The 30-share BSE index declined 296.28 points, or 0.36 per cent, to settle at 81,185.58 after recovering some lost ground during the afternoon trade. During the morning session, the Sensex tanked 786.71 points, or 0.96 per cent, to 80,695.15. From the Sensex firms, Tata Steel, Sun Pharma, Reliance Industries, Adani Ports, NTPC and Asian Paints were among the biggest laggards.
However, the Sensex turned green in the afternoon for a brief period powered by FMCG bigwigs like Hind Unilever. FMCG major Hindustan Unilever was the star attraction in today’s trade with the stock rising 3.48 percent to settle at 2521.85 after the robust results with net profit rising 6 percent.
Later, the sensex again turned red with metal and pharma sector exerting pressure on the gauge.