Market Indian market closes in the red as trade war tensions loom Updated : July 02, 2018 04:13 PM IST Major Asian markets closed sharply lower, as heavy losses were recorded in China. In Seoul, losses on the Kospi steepened through the day, with the index falling 2.3% to end at 2,272 points. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.