New Delhi, Jan. 19 -- Weak global cues, amid concerns of a potential trade war following US President Donald Trump's announcement of tariffs on eight European countries, drove the domestic market into negative territory on Monday, January 19.

The Sensex fell 324 points, or 0.39%, to close at 83,246.18, while the Nifty 50 closed at 25,585.50, down 109 points, or 0.42%. The BSE Midcap index also suffered a loss of 0.43%, but the Smallcap index plunged 1.28%.

Market sell-off made investors poorer by Rs.2 lakh crore in a day as the overall market capitalisation of BSE-listed firms dropped to nearly Rs.466 lakh crore from nearly Rs.468 lakh crore in the previous session.

Trump's tariff threat against eight European nations, effective from F...