The benchmark domestic equity indices plunged around three per cent today amid escalating trade tensions and mounting recession concerns in the US. In the intraday trade, both the indices had registered their biggest one-day fall since June 4 last year when the Lok Sabha election results were announced. However, they remained more resilient as compared to global peers that witnessed sharper cuts. The 30-share index at the Bombay Stock Exchange, Sensex, tumbled 2,227 points to close at 73,138. The National Stock Exchange Nifty-50 plummeted 743 points to settle at 22,162.

The broader market indices at the BSE also witnessed selling pressure. The Mid-Cap index dipped over 3.4 per cent, and the Small-Cap index dropped over 4.1 per cent.

In the Sensex index, barring Hindustan Unilever, which added 0.25 percent, all other companies ended in negative territory. Among the top laggards, Tata Steel nosedived more than 7.7 percent, Larsen and Toubro lost over 5.7 percent, and Tata Motors dipped over five and a half percent.

In sectoral indices at the BSE, all 21 sectors witnessed intense selling pressure. In the top laggards, metal tanked over 6.2 percent, realty declined almost 5.7 percent, and commodities fell over 4.6 percent.

The overall market breadth at the BSE was negative as shares of 3,515 companies declined, 570 advanced, and 140 remained unchanged. At the National Stock Exchange, 18 companies hit their 52-week high, while 645 hit their 52-week low.