India, April 1 -- Stock market crashed during the trading session on Tuesday, April 1, which is also the first day of the fresh fiscal year, a slump driven by upcoming reciprocal tariffs announced by US President Donald Trump on countries charging US high taxes, India being among them.

US President Donald Trump, who is set to roll out reciprocal tariffs from April 2, has singled out India several times as countries that charge high taxes on US goods.

Real estate, IT, and consumer durables stocks were down the most.

At 11:40 am, the benchmark BSE Sensex was down by 1,193.89 points or 1.54 per cent, reaching 76,221.03. The broader NSE Nifty was 303.15 points down or 1.29 per cent in the red, reaching 23,216.20.

Among the 30 Sensex stock...