<h1>Global Trade War Fears Hit Markets: Sensex and Nifty Drop Nearly 2% Amid New US Tariff Concerns</h1> Benchmark indices Sensex and Nifty fell nearly 2% due to global trade war concerns, with Sensex dropping 1,414.33 points to 73,198.10 and Nifty slumping 420.35 points to 22,124.70. Tech Mahindra and IndusInd Bank were major losers, while HDFC Bank gained. The market was impacted by fears of new US tariffs on imports from Canada, Mexico, and China. This marked the eighth consecutive day of losses for the indices, with broader markets experiencing sharper declines. Foreign institutional investors sold equities worth Rs 556.56 crore, contributing to the bearish sentiment.