The Indian stock market is experiencing volatility, with the Sensex dropping 565 points to an intraday low of 79,979.05 and the Nifty 50 declining to 24,387.55. Both indices showed slight recovery by 1 PM,

Sensex, Nifty declined amid weak sentiment after US president announced fresh tariffs on Indian goods over buying Russian crude.

Indian shares fell on Thursday, with the benchmarks slipping to three-month lows, after the U.S. slapped an extra 25% tariff on Indian exports, stoking concerns over the economic impact of heightened trade tensions.