<div id="readability-page-1"><div id="contentdata"> Bears' dominance continued for sixth consecutive session, dragging Nifty below 24,650, intraday, on September 26 amid selling seen across the sectors. especially the pharma names post Trump's 100% tariff on imports of branded or patented pharmaceutical products. IT stocks also plunged on weak growth outlook from Accenture.The market has registered the longest losing streak in last 7 months, with Nifty breaching 24,700 for the first time since September 2, while BSE Sensex also broke 81,000 level for the first time since September 8.At close, the Sensex was down 733.22 points or 0.90 percent at 80,426.46, and the Nifty was down 236.15 points or 0.95 percent at 24,654.70.Broader indices underperformed the main indices with BSE midcap and smallcap indices shed 2% each.For the week, BSE Sensex and Nifty slipped 2.6 percent each.Also Read: FY26 IPO fundraising can exceed Rs 1.5 trillion, says JM Financial's ECM head Neha AgarwalIndusInd Bank, Sun Pharma, M&amp;M, Eternal, Tata Steel were among biggest losers on the Nifty, while gainers included L&amp;T, Tata Motors, Eicher Motors, Reliance Industries, ITC.All the sectoral indices ended in the red with bank, capital goods, consumer durables, metal, IT, telecom, pharma, PSU Bank down 1-2 percent.Also Read: Generic medicines exempted from Trump’s 100% pharma tariffs, but uncertainty continuesIn stock-specific action, Pharma and healthcare stocks shed up to 8% after US imposed tariffs on branded drugs; IT stocks shed up to 8% on weak growth outlook from Accenture, Ceigall India share price fell 3% despite JV bagging project worth Rs 509.2 crore, Asian Paints shares down 2.5% on 'underperformer' rating by CLSA, Nuvoco Vistas Corporation shares plunged 4.5% on show cause notice of tax of Rs 112 crore.BHEL shares down 2% after DIPAM rejected JV with REC Power, Supreme Petrochem shares rose 1.6% on commissioning ABS project at Amdoshi, Maharashtra, Amber Enterprises India shares shed 3.5% despite Rs 550 crore investment from multiple investors, Carysil shares down 4% post 50% US imposes tariff on kitchen cabinets, Tata Motors shares rose 1.5% after JLR restores some systems hit by cyber attack, L&amp;T shares rallied over 2% after Telangana takes over Hyderabad Metro's debt.More than 140 stocks touched their 52-week lows on the BSE, including Crompton Greaves Consumer Electrical, Sun Pharma, Praj Industries, Petronet LNG, Five-Star Business Finance, IRB Infra, TCS, Vedant Fashions, Ramkrishna Forgings, among others. Click to View MoreOn the other hand, more than 120 stocks hit 52-week high, including TVS Electronics, PVV Infra, Lumax Industries, Banco Products, Balaji Telefilms, Maruti Suzuki, JSW Steel, Usha Martin, among others. Click to View MoreOutlook for September 29Vinod Nair, Head of Research, Geojit InvestmentsThe Indian market experienced a bloodbath, mirroring the rout across Asian markets. Investor sentiment was rattled by a fresh wave of tariffs targeting the pharmaceuticals, dragging pharma stocks deep into the red.Meanwhile, Accenture’s weaker guidance and job cuts highlighted slowing IT spending, with AI-driven growth failing to meet expectations, prompting a broad sell-off in tech shares. Investors remain cautious, with a near-term focus on domestic investment and consumption amid global uncertainty.Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decision.</div></div>

On September 26, the Indian stock market faced a significant downturn, with the Sensex dropping 733 points to close at 80,426.46 and the Nifty falling 236 points to 24,654.70. This marks the longest losing streak in seven months, driven by a sell-off in pharma stocks due to new tariffs on branded drugs and a weak growth outlook from Accenture affecting IT shares. Broader indices also underperformed, with midcap and smallcap indices down 2%. Over 140 stocks hit 52-week lows, reflecting widespread market distress.

Taking Stock: Bears tighten grip on D-Street; Sensex down 733 pts, Nifty below 24,700