ICICI Bank, L&T drag Sensex over 100 pts lower, Nifty below 25,500

Indian stock markets traded lower on Wednesday following U.S. President Trump's threat of steep tariffs on pharmaceutical imports, a key sector for India. The BSE Sensex fell by 146 points, and the Nifty50 slipped by 35 points. Trump's proposed 200% tariff on pharmaceuticals, along with duties on copper and semiconductors, has heightened trade tensions. The U.S.