India, March 7 -- The stock market opened into the red as the trading session began on Friday, March 7, with banking, financial services, and IT stocks falling the most.

At 9:15 am, the benchmark BSE Sensex fell by 176.47 points or 0.24 per cent, reaching 74,163.62. The broader NSE Nifty opened 36.05 points down or 0.16 per cent in the red, reaching 22,508.65.

This comes after US President Donald Trump announced in a joint session of the US Congress that he would be imposing reciprocal tariffs on countries like India from April 2 onwards.

On Thursday, among the 30 Sensex stocks, Infosys fell the most upon open by 1.45 per cent, trading at Rs.1,688.40. This was followed by Tech Mahindra, which was down 1.24 per cent, trading at Rs.1485,...