The broader markets also declined, with the BSE Smallcap slipping 0.8 percent and the BSE Midcap shedding 1.2 percent.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 22,119.30, while Sensex ended at 73,085.94. Overnight, Wall Street indices crashed post Trump tariffs.

Mirroring the selloff on Wall Street overnight, most Asian markets slumped up to 2 per cent today as tariff threats are turning into action, dragging domestic benchmarks at start.