Stock market today, April 4 -- Indian markets closed lower on Thursday, April 3, but still outperformed most Asian counterparts. This came after the Donald Trump administration announced a 26% duty on Indian exports on Tuesday, making India one of the least-tariffed exporters in Asia. The Nifty 50 opened the session with significant losses but recovered most of them throughout the day, finishing at 23,243 points, down 0.38% from the previous close. Similarly, the Sensex ended 0.42% lower at 76,295 points.

Among the 13 key sectoral indices, Nifty Pharma led the gains with a 2.25% surge, followed by Nifty PSU Bank, Nifty Media, and Nifty Consumer Durables, which rose between 0.35% and 1.94%.

Speaking on the outlook for the Indian stock ma...