Mumbai, Apr 7:
US President Donald Trump’s tariffs have unleashed chaos across the globe, plunging Indian equity markets to their 10-month low. Sensex opened nearly 4,000 points lower, sliding over 3.5% since its last trading session, while Nifty tanked over 1,000 points this morning. The crash follows a massive sell-off in Asian equities, panicked by Trump’s radical trade policies, while US futures pointed at significant losses.
Sensex crashed 3, 939.68 points to 71,425.01 in early trade as trading resumed at 9 am after the weekend holidays. Nifty tumbled 1,160.8 points to 21,743.65 during this period. Sensex, a pack of India’s top 30 companies listed on the Bombay Stock Exchange, was down over 2,500 points at 9:35 am. Nifty, the National Stock Exchange index, is just above the 22,000 mark.
