Sensex and Nifty News: Trump’s Tariff War Triggers Major Crash in Indian Stock Market
The Indian stock market has taken a massive hit following U.S. President Donald Trump’s tariff war. As global markets continue to tumble, India’s Sensex and Nifty indices have also witnessed a sharp plunge. The Sensex, which had previously closed at 75,364 points, crashed by 3,914.75 points in a single blow, bringing it down to 71,449.94. Similarly, the Nifty also suffered a significant drop of 1,150 points, sparking panic among investors. In the pre-opening session itself, the Nifty slid directly to 21,758.
What’s Causing the Crash?
The sharp decline is largely being attributed to President Trump’s tariff policies and the resulting global market fears. Earlier signs of market turmoil were already visible in Japan, Hong Kong, and Australia, signaling that concerns over a potential trade war are rattling markets across the globe.
Early Warning Signs Were There
On Monday, the Indian stock market had already received weak signals from global markets. Asian markets, in particular, were experiencing severe sell-offs. Hong Kong’s Hang Seng index fell by more than 9%, while Japan’s Nikkei plunged by over 8%. Meanwhile, in early morning trading, Gift Nifty had already dropped by more than 900 points — a clear indicator that a storm was brewing in the Indian markets.
Heavy Sell-Off in Reliance, Tata Stocks, and More
Right from the start of trading on Monday, the BSE LargeCap Index plunged into a complete bloodbath. All 30 major company stocks saw sharp declines. Tata Steel was hit the hardest, crashing by 10.43% to ₹125.80. Other major losers included Tata Motors (down 8.29%), Infosys (7.01%), Tech Mahindra (6.85%), L&T (6.19%), HCL Tech (5.95%), Adani Ports (5.54%), TCS (4.99%), Reliance (4.55%), and NTPC (4.04%).