Stock market today, April 4 -- The domestic benchmark indices, Nifty 50 and Sensex, dipped on Friday as technology shares continued their downward trend amid concerns that a recession in the US could impact growth potential.

The Sensex dropped by 509.54 points to reach 75,785.82 during early trading, while the Nifty 50 decreased by 146.05 points to settle at 23,104.05.

The United States announced a standard tariff of 10% on all imports and implemented increased reciprocal tariffs on trading nations that maintain a trade surplus with the US. India faced a retaliatory tariff of 27%, which is lower than the tariffs imposed on China at 34%, Vietnam at 46%, and Bangladesh at 37%.

Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Fi...