BUZZ-Indian shares fall on uncertainty over Trump tariff plans

** India's benchmark indexes NSE Nifty 50 .NSEI and BSE Sensex .BSESN drop 0.8% each on worries about President Donald Trump's tariff plans

** Trump floated idea of universal tariffs and announced trade tariffs plans on Mexico and Canada after assuming office on Monday

** All 13 major sectors decline, smallcaps .NIFSMCP100 and midcaps .NIFMDCP100 shed 1.6% each

** Trump's threats to impose tariffs on countries such as India, China and Brazil during the presidential campaign has spooked investors and could hurt domestic markets in short-term, says G Chokkalingam, founder of Equinomics Research

** High-weightage financials .NIFTYFIN drop 1.2%, leading losses on benchmarks; they rose 1.4% on Monday

** Among individual stocks, food and grocery delivery co Zomato ZOMT.NS falls 9.2% after Q3 profit falls

** Real estate developer Oberoi Realty OEBO.NS slumps 7.6%on concerns over slowdown in new sales

(Reporting by Bharath Rajeswaran in Bengaluru)

((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))