April 7, 2025 10:13 AM

Sensex, Nifty crash as global sell-off deepens amid Trump tariff fallout

India’s benchmark indices plummeted on Monday, mirroring a rout across Asian markets, as fears of a global recession and soaring prices intensified following a fresh wave of reciprocal tariffs imposed by U.S. President Donald Trump last week. The Nifty 50 sank 5 percent, or 1,146.05 points, opening at 21,758.40, while the Sensex fell 5.29 percent, or 3,984.80 points, to start the day at 71,379.80. All sectoral indices were in the red, with IT and metal stocks each sliding around 7 percent. B...