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Black Monday for Indian Stock Market: Reliance, HDFC Bank, and Other Major Draggers Weigh on Nifty 50 and Sensex

  • By admin
  • April 7, 2025
  • 90 Views

Indian Stock Market Sees Sharp Decline on April 7 📉

  • Market Overview 🌍: Indian markets mirror Wall Street’s downturn amid rising global trade tensions and recession fears.
  • Nifty 50 📉: Opens down 1,146 points (5%) at 21,758 — biggest intraday loss since March 2020.
  • Sensex 📉: Opens 5.19% lower at 71,449.
  • Top Losers 💔:
    • Trent: Down 15%
    • Tata Steel: Down 10%
    • Tata Motors: Down 8.4%
  • Sector Impact ⚠️:
    • Nifty IT: Crashes 7%, following a 9% drop last week.
    • Tech Stocks: Hit hardest due to recession fears in the U.S. economy.
  • Global Influence 🌎: U.S. Nasdaq enters bear market territory, adding to investor panic.

The market is feeling the heat as riskier assets face significant sell-offs today.

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