📰 Stock Market LIVE: Nifty Below 24,600, Sensex Drops 600 Points; Volatility Spikes Amid U.S. Tariff Impact
📉 Market Snapshot:
- Nifty 50 falls over 160 points from intraday highs, now below 24,600
- Sensex sheds nearly 600 points, slipping under the 80,200 mark
- Indian markets remain volatile and weak
🏦 Broader Market Performance:
- Nifty Bank down 0.85%, now under 54,000
- Nifty Midcap & Smallcap indices also under pressure, both down nearly 0.40%
📅 August Gains Wiped Out:
- Indices have erased all gains made during the August derivatives series
🌍 Global Pressure Mounts:
- Donald Trump’s additional 25% tariffs on Indian exports to the U.S. now in effect
- Total tariff burden reaches 50%
- Uncertainty over future India-U.S. trade ties as White House sends mixed signals
📈 Nifty 500 Gainers:
- ⚡ Ola Electric
- 🚬 Godfrey Philips
- 🔌 Jaiprakash Power
- 🔩 Sundaram Fasteners
