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;))