The BSE Sensex dropped 482 points, or 0.6%, to a two-week low of 82,712 in early trading on Friday, marking its third consecutive decline amid renewed trade tensions after US President Trump imposed steep tariffs on Canada. Disappointing earnings from TCS also weighed on market sentiment, with its shares falling 2.2% after the company reported weaker-than-expected quarterly results. As a result, the Nifty IT fell 1.3%, with notable losses in Infosys (-1.6%) and HCL Tech (-1.3%). Traders were also cautious ahead of trade data from China, India’s top trading partner, due next Monday, as global trade uncertainty persists. However, the market decline was partially capped by optimism from a Reuters poll, which showed that India’s inflation rate is expected to ease to 2.5% in June, the lowest in six years. The benchmark index is on track for a 0.9% weekly decline, which would mark its second consecutive weekly drop, amid ongoing uncertainty over US–India trade negotiations.