Global Markets Plunge: Sensex Down 300 Points, Nifty Below 24,650 Amid Trump’s Tariff Threat

The Indian stock market witnessed a significant downturn on Friday, with the Sensex plummeting over 300 points and the Nifty falling below the 24,650 mark. This decline was largely attributed to the global economic concerns sparked by US President Donald Trump’s tariff threat. The threat of imposing tariffs on imported goods has sent shockwaves across the globe, with investors becoming increasingly cautious. The BSE Sensex opened at 41,642.32 and fell to a low of 41,254.35, before closing at 41,461.28, down 305.88 points or 0.74%. The NSE Nifty, on the other hand, opened at 12,230.95 and fell to a low of 12,144.35, before closing at 12,226.65, down 90.60 points or 0.74%. The decline was led by FMCG and IT stocks, with major players such as Hindustan Unilever, ITC, and Infosys witnessing significant losses. The Indian rupee also weakened against the US dollar, falling to 71.33. The global economic concerns have also led to a decline in crude oil prices, with Brent crude falling to $64.81 per barrel. The decline in the Indian stock market has been attributed to the selling pressure from foreign institutional investors, who have been net sellers in the past few sessions. The market sentiment has been further dampened by the lack of progress in the US-China trade talks. The Indian government has also been facing pressure to announce measures to boost economic growth, which has been sluggish in recent times. The Reserve Bank of India has also been under pressure to cut interest rates to stimulate growth. The decline in the stock market has also led to a decline in investor wealth, with the market capitalization of BSE-listed companies falling to Rs 154.44 lakh crore. The market is expected to remain volatile in the coming sessions, with investors closely watching the developments in the US-China trade talks and the measures announced by the Indian government to boost economic growth. The Indian stock market has been one of the worst performers in the Asia-Pacific region, with the MSCI India index falling over 2% in the past week. The decline has been attributed to the combination of global and domestic factors, including the US-China trade tensions, the slowdown in economic growth, and the lack of progress in the government’s efforts to boost growth. The market is expected to remain under pressure in the coming sessions, with investors closely watching the developments in the global economy and the measures announced by the Indian government to boost growth. The Indian government has been facing pressure to announce measures to boost economic growth, including cutting taxes and increasing government spending. The Reserve Bank of India has also been under pressure to cut interest rates to stimulate growth. The decline in the stock market has also led to a decline in investor wealth, with the market capitalization of BSE-listed companies falling to Rs 154.44 lakh crore. The market is expected to remain volatile in the coming sessions, with investors closely watching the developments in the US-China trade talks and the measures announced by the Indian government to boost economic growth.

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