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<h1>Stock markets fell as blue-chip selling, tariff threats and foreign outflows pressured indices amid rupee weakness.</h1> Indian benchmarks fell as heavy selling in large-cap names, led by Reliance and ICICI Bank, pulled the Sensex and Nifty lower; Reliance posted flat quarterly profit while ICICI's consolidated profit declined after an RBI-mandated provisioning adjustment. Broader weakness was reinforced by renewed tariff threats that dampened global risk appetite, substantial foreign institutional outflows, and rupee depreciation, contributing to elevated market volatility and expected stock-specific swings during the earnings season.