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There was a dramatic turnaround in the last trading day of the week on Dalal Street with a fresh wave of geopolitical uncertainty emerging, namely, the announcement of the steep US tariffs, finally leaving a large wave of selling spree. The yardstick index, the Nifty 50 index, lost key psychological support by falling more than 200 points, and the Sensex broke nearly one per cent. The front lines were not the only deep cuts, with the extended market sensing the heat and the underlying…
