New Delhi, April 6 -- Indian markets closed lower on Thursday, April 3, but still outperformed the majority of their Asian counterparts. This came after the Donald Trump administration imposed a 26% tariff on Indian exports on Tuesday, positioning India as one of the least-tariffed exporters in Asia.

The Nifty 50 opened with significant losses but recovered much of the ground during the session, ending at 23,243 points-down 0.38% from the previous close. Similarly, the Sensex finished 0.42% lower at 76,295 points.

Despite the volatility in the frontline indices, the broader markets showed resilience. The Nifty Midcap 100 index edged up by 0.26%, closing at 52,186 points, while the Nifty Smallcap 100 outshone with a 0.58% gain, ending th...