
Stock Market LIVE Updates: Indian Markets Open Weak After Trump’s Tariff Announcement; Sensex Down 504 Points, Nifty at 23,187 📉
- 📉 Market Open: The BSE Sensex drops 504.28 points (-0.66%) to 76,113.16, while Nifty falls 145 points (-0.62%) to 23,187.35.
- 🌍 Global Impact: US President Trump’s tariff hike to 26% on imports from India rattles global markets, causing steep losses in Asia-Pacific.
- 🇺🇸 US Tariffs: Trump’s new tariffs range from 10% to 50%, targeting over 180 countries, including 34% on China and 20% on the EU.
- 🔻 Global Markets Plunge: US futures dive—Nasdaq down 4%, S&P 500 down 3.3%, with $760 billion wiped off the value of major tech stocks like Apple.
- 🏦 Bond & Gold Rush: Investors flock to safe-haven assets, pushing Treasury yields down to a five-month low.
- 🌏 Asia in Red: The Nikkei plunges 3.9%, hitting an eight-month low, with heavy losses across sectors.
Market sentiment remains bearish as the global trade outlook faces uncertainty. Stay tuned for updates!