New Delhi, April 1 -- The Indian stock market slumped on Tuesday, with both the benchmark indices - Sensex and Nifty 50 - crashing nearly two percent each, beginning the new financial year 2025-2026 on a weak note. Heightened uncertainty over the US President Donald Trump's impending reciprocal tariffs weighed on market sentiment globally.

Despite the recent correction in the domestic equities, the benchmark Nifty 50 index demonstrated resilience and ended FY25 with a gain of 5.34%. This recovery was notably driven by a 6.3% surge in March, marking its best performance in 15 months.

​The Bank Nifty index also showcased strength, with financial stocks leading the comeback in the month of March 2025.

"The rebound can be attributed ...