The Indian stock market suffered big losses in change on Monday, April 7, reflects the tendencies visible in important international markets amid mounting fears over the effect of a worldwide trade conflict caused via US President Donald Trump’s tariffs lists. The Sensex crashed almost 4,000 points, even as the Nifty 50 Dropped under 21,750 in early deals. The BSE Midcap and Smallcap indices plunged up to 10 %. The volatility index India VIX surged 52 % to almost 21, indicating extremely high anxiety in the market.
Around 9:50 AM, the Sensex was 2,752 points, or 3.65 %, down at 72,613, at the same time as the Nifty 50 became trading with a lack of 882 points, or 3.85 %, at 22,022. Investors misplaced almost ₹19 lakh crore in mins as the general market capitalisation of the BSE-indexed firms dropped to ₹384 lakh crore from over ₹403 lakh crore in the previous session.
Global selloff by Nifty 50 Dropped Below 21,750
Almost every major market internationally is down with deep cuts as Trump management showed no sign of backing away from their tariff plans. According to a Reuters record, Trump on Sunday termed price lists as “medicine” and stated overseas governments could have to pay extensively to lift tariffs. He stated he was not worried about losses in world stock markets.
On Friday, the S&P 500 crashed 5.97 % and Dow Jones ended with a lack of 5.50 %. Tech-heavy Nasdaq plunged 5.73 %. Weakness in the international stock market weighs closely on local stock market sentiment.
RBI MPC, Q4 income in awareness
To some volume, there is warning in advance of the policy decision of the Reserve Bank of India (RBI) on April 9. In the evolving scenario, expectations are rising that the institute will reduce fees and take extra steps to support growth.
Q4 earnings are starting this week. TCS will report its March sector numbers on April 10. More than the numbers, the focus can be on management statement in the wake of a trade issues with Nifty 50 Dropped in stcok market