Sensex, Nifty Fall Amid Trump Tariff Fears; Geopolitical Concerns Cloud Outlook

• Indian benchmark indices, Sensex and Nifty, fell in early trade due to geopolitical concerns and foreign fund selling.
• The market pared Monday's gains after former US President Donald Trump's tariff threat on countries trading with Iran.
• India, a key trading partner with Iran, faces potential impact from a 25% tariff on such trade.
• Sectoral performance was mixed, with energy, metals, and PSU banks gaining, while IT, auto, and consumer durables fell.
• Foreign institutional investors continued selling, while domestic institutional investors provided support.

Why It Matters: Trump's tariff threats on Iran trade spark caution, causing Indian markets to fall despite global gains.