Brief by Shorts91NewsDesk / 09:21am on 07 Apr 2025,Monday Business
On April 7, 2025, Indian stock markets faced a significant downturn due to escalating global trade tensions following U.S. President Donald Trump's imposition of broad tariffs. The BSE Sensex plummeted by 3,291.95 points to 72,073.14, and the NSE Nifty50 dropped 1,058.30 points to 21,846.15, marking their lowest levels in approximately ten months. This sharp decline erased nearly ₹19 lakh crore from the market capitalization of BSE-listed firms. All 13 major sectoral indices traded in the red, with small-cap and mid-cap indices declining by 10% and 7.3%, respectively. Analysts attribute this volatility to uncertainties surrounding the newly imposed tariffs and advise investors to exercise caution amid the turbulent market conditions. (PC: News18)
