The Sensex plunged 1,414 points, or 1.9 per cent, to close at 73,198 after touching an intraday low of 73,141. The Nifty 50 also suffered significant losses, falling 420 points, to end at 22,125 after hitting a low of 22,105 during the intra-day session. The IndusInd Bank emerged as the top loser, plunging 7 per cent. The market opened on a weak note after US President Donald Trump announced plans to impose tariffs on Canada and Mexico starting March 4. The broader market also suffered, with the BSE MidCap and SmallCap indices dropping over 2 per cent each. Market sentiment remained highly negative, as nearly five stocks declined for every stock that advanced on the Bse. Around 476 stocks hit their lower circuit limits, whereas 106 stocks touched their upper limits. The index is now down nearly 16 per cent from its record high of 26,277 on February 26. The Sensex has now fallen nearly 15% from its all-time high of 85,978.
