The BSE Sensex extended its early losses, dropping over 1,200 points, or 1.6%, to settle at 75,838 on Tuesday, its lowest level since early June 2024, amid widespread selling across all sectors. Investor sentiment was weighed down by concerns over Donald Trump's potential policies toward India, after he suggested the possibility of imposing trade tariffs on its neighboring countries. Furthermore, growing uncertainty around the impact on interest rates and global economic growth further exacerbated the market confidence. Meanwhile, traders continued to track Q3 earnings results, which have proven to be disappointing for most companies so far. Zomato plunged over 10% after posting a 57% YoY slide in its consolidated net profits for the December quarter. Other notable decliners included Adani Ports (-3.7%), NTPC (-3.5%), ICICI Bank (-3%), State Bank of India (-2.6%), Reliance Industries (-2.5%) and Bajaj Finance (-2%).