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<h1>Global Markets React: Indian Stocks Plunge Over 1,200 Points Amid Anxiety Over Upcoming US Reciprocal Tariffs</h1> Indian equity markets declined sharply with the Sensex dropping over 1,200 points and Nifty falling 321 points due to concerns about upcoming US reciprocal tariffs. Major companies like Bajaj Finserv, HDFC Bank, and Infosys led the decline, while IndusInd Bank gained nearly 5%. Markets are anxiously awaiting details of the tariffs scheduled for April 2, which the US President calls 'Liberation Day.' Asian markets traded positively while US markets closed mostly higher. An investment strategist noted that India had outperformed most markets in March with 6.3% returns, but future trends would depend on the specifics of the tariff announcements.