The BSE Sensex fell by 425 points, or 0.5%, to 80,120 in morning trade on Thursday, retreating for the third straight session, as traders grew increasingly concerned about India’s economic outlook following US President Trump's decision to impose an additional 25% tariff on imports. Ongoing foreign outflows continued to pressure the broader market, sending the index to its lowest level since April 25. Mixed Q1 corporate earnings also weighed on sentiment, with investors awaiting key results due later today, including from Titan and the Life Insurance Corporation of India. The Nifty 50 also declined by 0.6%, falling below 24,500, while mid-cap and small-cap indices dropped by 0.6% and 0.7%, respectively. Almost all sectors traded in the red, led by pharmaceuticals, healthcare, and technology. Among the top laggards were Tata Motors (-2.3%), Adani Ports (-2.3%), Tata Steel (-1.3%), Mahindra & Mahindra (-1.2%), and Reliance Industries (-1.0%).