India, Feb. 28 -- The stock market crashed during the early trading session on Friday, dragged down by IT, telecom, and auto stocks.

At 10 am, the benchmark BSE Sensex was down by 1,014.08 points or 1.36%, reaching 73,598.35. The broader NSE Nifty was 300.45 points down or 1.33% in the red, reaching 22,244.60.

The stock market fell due to multiple reasons, such as weak earnings by Indian banks, MSCI rejig, DIIs stuck at higher levels, rising US bond yield, and FIIs moving from India to China, according to a Mint report.

Another reason was market uncertainty due to tariffs announced by US President Donald Trump.

"Stock markets dislike uncertainty, and uncertainty has been on the rise ever since Trump was elected US president," V K Vija...