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SENSEX drops over 550 points, NIFTY50 below 24,050; pharma stocks fall on threat of tariffs on generic drugs

The SENSEX fell as much as 580 points and NIFTY50 index touched an intraday low of 24,022 dragged down by heavyweights like HDFC Bank, ICICI Bank, SBI, Axis Bank, IndiGo, Reliance Industries and Sun Pharma.

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Jul 22, 2026 - 10:00
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SENSEX drops over 550 points, NIFTY50 below 24,050; pharma stocks fall on threat of tariffs on generic drugs
The SENSEX fell as much as 580 points and NIFTY50 index touched an intraday low of 24,022 dragged down by heavyweights like HDFC Bank, ICICI Bank, SBI, Axis Bank, IndiGo, Reliance Industries and Sun Pharma.
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