US President Donald Trump announced sweeping reciprocal tariffs on a number of countries, with India being charged 27 percent on its exports.

Benchmark indices closed in the red on April 3 after US President Donald Trump announced sweeping reciprocal tariffs on a number of countries, with India being charged 27 percent on its exports. Sensex closed nearly 322 points lower at 76,295.36, while the Nifty 50 index dropped nearly 0.35 percent to end the session at 23,***** stocks recorded strong gains, with Nifty Pharma closing over 2 percent higher at 21,423.55, while Nifty Auto and Nifty IT significantly crashed. TCS, Tech Mahindra, HCL Tech, Infosys, Tata Motors and

Mahindra Bank were the top losers on Sensex. Power Grid and Sun Pharma were the top gainers.