Sensex and Nifty Plunge Amid Trump’s Tariff War
Stock Market Update: U.S. President Donald Trump has disrupted global markets by announcing the implementation of discounted reciprocal tariffs on multiple countries, including India. This move has triggered volatility in Asian stock markets, including Japan and Hong Kong. India’s benchmark indices, Sensex and Nifty, have also witnessed a sharp decline.
Sensex Drops 800 Points in Pre-Opening Session
Trump’s tariff announcement had an immediate impact on the Sensex, which plunged 810 points in the pre-opening session. However, the market showed signs of recovery later. After closing at 76,617.44 yesterday, the Sensex opened significantly lower at 75,807.55 today. As the session progressed, it rebounded to 76,268.47 at the time of reporting.
Nifty Faces Pressure but Recovers
Nifty also reacted negatively to the tariff news. After closing at 23,332.35 yesterday, it dropped 180 points in the pre-opening session, reaching 23,145.80. However, similar to the Sensex, Nifty showed some recovery, trading at 23,240 at the time of writing.
With global uncertainties looming, investors and analysts will closely watch further market movements in the coming days.
