Indian stock market, April 3 -- The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open sharply lower on Thursday, following a sell-off in global markets, after the US President Donald Trump's reciprocal tariffs announcement.

Asian markets slumped, while the US stock futures also plunged after the US President Donald Trump announced reciprocal tariffs, imposing a 10% baseline tariff on all imports to the US.

On Wednesday, the Indian stock market ended with strong gains, led by a rally in financial and technology stocks.

The Sensex surged 592.93 points, or 0.78%, to close at 76,617.44, while the Nifty 50 settled 166.65 points, or 0.72%, higher at 23,332.35.

"The market seems to be coming to terms about the outc...