As the global trade war heats up, the Nifty 50 closes lower for the tenth consecutive session; the Sensex falls below 73K.

In contrast to international markets, Indian frontline indices saw modest losses on March 4 and ended the day in negative territory. Support from PSU and bank sectors was offset by a drop in IT and auto companies, although small-cap stocks recovered strongly in spite of earlier selling pressure.

Markets attempted to recover after February's disaster, but today's session saw a steep drop in car and IT sectors. Financials and PSU stocks provided some support, but not enough to push the market higher.

On the other hand, mid-cap equities ended the day with modest gains, and small-cap stocks recovered significantly from intense selling pressure on Dalal Street.