India, Jan. 20 -- India's stock market deepened its retreat today, capping a brutal two-day selloff that has erased nearly Rs.10 lakh crore in investor wealth.

The benchmark S&P BSE Sensex has plunged over 1,000 points in two sessions, while the NSE Nifty 50 fell 1% to breach the psychological 25,400 mark, as a perfect storm of geopolitical tensions, relentless foreign outflows, and pre-budget jitters hammered risk appetite.

The selloff accelerated as sentiment soured globally after US President Donald Trump threatened to impose tariffs on eight European nations. The dispute, centering on Trump's aggressive stance on Greenland, has raised the spectre of a Trans-Atlantic trade war. The EU is reportedly preparing retaliatory tariffs on $1...