Crude oil prices fell below $70 per barrel over US President Donald Trump's new tariffs, raising concerns over a global trade war that could weigh on oil demand

The Sensex closed 931 points, or 1.22 per cent, down at 75,364.69, while the Nifty 50 ended with a loss of 346 points, or 1.49 per cent, at 22,904.45. The BSE Midcap index plunged 3.08 per cent, and the Smallcap index crashed 3.

Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks for a stable outlet for its crude in the world's fastest-growing emerging market, several Indian sources with direct knowledge of the matter said.

The Nifty 50 fell nearly 400 points, while the Sensex fell 1,000. The pain was felt in the broader markets with the Nifty Midcap index declining nearly 2,000 points and the Smallcap index shaving off over 4%.

Among the broader basket, small-cap shares were the worst hit, as the Nifty Smallcap100 index ended down by 3.56 per cent

Indian markets have shown resilience in March, recovering from February’s losses and outperforming global peers. The Nifty 50 and Sensex have crossed significant milestones, despite net selling by overseas investors.

The Indian stock market is seeing a volatile session, with both Sensex and Nifty down by over a per cent each. Experts say the market is under pressure as it awaits the details of the Trump tariff scheduled to be implemented from April 2.

Tata Steel, Indian Oil, Paytm, Indian Hotels, Bajaj Finserv, Bajaj Housing Finance, IREDA, Yes Bank and ITC shares are top stocks to buy recommendations by market experts. Let's take a look at share price target and stop loss: Tata Steel Share Price TargetRajesh Bhosale,

Kirloskar Oil Engines shares surged 4 per cent in early trading on Thursday, reaching an intraday high of ₹ 765 on the BSE. The rally followed the company's announcement of securing a ₹ 270 crore order from the Defence Ministry to design and develop a 6MW Medium Speed Marine Diesel Engine.