Nifty 50 slumps on US tariff impact, monthly F&O expiry pressure

Thirty-six of the 50 Nifty stocks ended in the red, with financials and IT the biggest drags. The Nifty Bank fell 1.2% to 53,820, while the Nifty IT index lost around 1.5%. The broader Nifty Midcap 100 slipped 1.3% to 56,048.

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