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<h1>Sensex and Nifty Plunge Nearly 2% Amid Global Market Turmoil and New Tariff Threats on Chinese Products</h1> Benchmark indices Sensex and Nifty fell nearly 2% due to global market turmoil following new tariff threats on Chinese products. Sensex dropped 1,414.33 points to 73,198.10, while Nifty declined 420.35 points to 22,124.70. The market has been declining for eight days, with foreign fund outflows and concerns over the US economic outlook contributing to investor anxiety. Tech Mahindra and IndusInd Bank were among the major losers, while HDFC Bank was the sole gainer. Global markets, including those in Asia and Europe, also experienced significant losses. The potential for additional tariffs on the EU has added to market uncertainty.