Brief by Shorts91 Newsdesk / 04:48am on 07 Apr 2025,Monday Business
India's stock markets suffered a massive blow on Monday as Trump’s new tariffs triggered global turmoil. The Sensex plunged 2,564.74 points to 72,799.95, while Nifty fell 831.95 points to 22,072.50 — their lowest levels in 10 months. Experts cited extreme global volatility and advised caution. All 13 sectoral indices ended in the red, with Tata Steel dropping 11.25%. Rs 19 lakh crore was wiped off BSE market value. Global indices also plunged; MSCI Asia ex-Japan fell 6.8%. Analysts believe India may remain relatively insulated due to low US export dependence and ongoing trade negotiations with Washington. (PC: India Today)
