<h1>Indian equity markets fall as BSE Sensex drops 170 points amid tariff concerns and earnings season</h1> Indian equity markets declined in early trading with the BSE Sensex falling 170.42 points to 83,542.09 and NSE Nifty dropping 44.35 points to 25,478.15. Market participants remained cautious due to tariff concerns and the beginning of quarterly earnings season. Major companies including a construction firm, steel manufacturer, and several banks were among the declining stocks, while consumer goods and automotive companies showed gains. Mixed global market trends influenced investor sentiment, with Asian markets showing varied performance. Foreign institutional investors sold equities worth Rs 26.12 crore while domestic institutional investors purchased stocks worth Rs 1,366.82 crore.