New Delhi, April 3 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Thursday, tracking global market sell-off, after the US President Donald Trump announced reciprocal tariffs, imposing a 10% baseline tariff on all imports to the US.

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 23,171 level, a discount of nearly 267 points from the Nifty futures' previous close.

Weakness in Asian markets is also expected to weigh on domestic equities. Asian markets traded sharply lower on Thursday after Trump's announcement of reciprocal tariffs on over 180 countries.

MSCI's broadest index of Asia-Pacific shares outside Japan fell ...