Mumbai, April 4 -- The key domestic indices traded with significant losses in the afternoon trade, tracking a massive sell-off in U.S. markets triggered by U.S. President Donald Trump's reciprocal tariff announcement, which heightened concerns about a potential recession. The Nifty traded below the 22,950 mark.

All the other sectoral indices on the NSE were traded in red while metal, pharma and realty shares declining the most.

At 13:28 IST, the barometer index, the S&P BSE Sensex, tanked 787.85 points or 1.03% to 75,507.51. The Nifty 50 index dropped 302.25 points or 1.30% to 22,948.60.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index declined 2.93% and the S&P BSE Small-Cap index slumped 3.15%.

The ...