LIVE: Market Sell-Off Deepens—Nifty Slips Below 23,000, Small Cap Index Drops 3% on Trump Tariff Worries

Market Opens Lower: Indian equity markets started Friday’s session on a weak note, with Sensex and Nifty opening 0.2% lower, tracking global cues.
US Market Crash: The Reciprocal Tariff announced by US President Donald Trump triggered a heavy selloff in US markets, sparking recession fears.
Biggest US Drop in 5 Years: The Dow Jones, S&P 500, and Nasdaq recorded their steepest single-day declines since the Covid market crash.
Asian Markets Follow Suit: Weakness in global markets extended to Asia, with major indices in the red.
US Stock Futures Under Pressure: Futures indicate further downside, adding to investor concerns.