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Investors Lose ₹11 Lakh Cr as Market Falls on US Trade Policy

The New Indian Express Sambalpur

|

April 05, 2025

DOMESTIC equity markets plunged sharply on Friday amid weak global cues, triggered by reciprocal tariffs announced by US President Donald Trump.

- ARSHAD KHAN @ New Delhi

The move sparked a selloff in the US markets, stoking fears of a recession and a full-blown global trade war. The spillover effects were felt across global equity markets, including India.

The US stock market shed $2.5 trillion on Thursday, with the Dow Jones, S&P 500, and Nasdaq posting their worst single-day losses in five years since the COVID-19 pandemic.

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