The recent announcement of additional tariffs by US President Donald Trump has caused a major drop in the Indian stock market, with the Sensex and Nifty losing around Rs 10 lakh crore in market value. Sensex crashed 827 pts to 75,468 and Nifty tumbled 304 pts to 22,945.
Investor wealth slipped by Rs 10.33 lakh crore to Rs 403 lakh crore today against Rs 413.33 lakh crore in the previous session.
This has raised fears of a global recession and has sent shockwaves through the business community.
The Indian economy, which is already facing challenges due to the ongoing pandemic, has been dealt another blow as the trade tensions between US and China continue to escalate.
The uncertainty and volatility in the global market has led to a sharp decline in investor confidence, resulting in the massive sell-off in Indian stocks.
Experts are predicting that this could have a ripple effect on the country's economic growth and could further impact various sectors such as manufacturing, export and job creation.
The government and policymakers will need to closely monitor the situation and take necessary steps to mitigate the potential impact on the Indian economy.
In the meantime, investors will have to brace themselves for more turbulence in the stock market as they navigate through these uncertain times.
Reviewed by Jewellery Designs
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April 04, 2025
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