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Sensex, Nifty join global selloff as Trump tariffs trigger trade war fears
The Political and Business Daily
|April 05, 2025
EQUITY benchmarks Sensex on Friday slumped over 900 points to crash below the 76,000 level due to an across-the-board sell-off, tracking weak global markets amid growing trade war fears.
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Besides, heavy selling in market heavyweights Reliance Industries, Larsen & Toubro and Infosys and a sharp correction in global crude prices, indicating recessionary fears, added to the gloom, analysts said.
The 30-share BSE Sensex tumbled 930.67 points or 1.22 per cent to settle at 75,364.69. During the day, it plummeted 1,054.81 points or 1.38 per cent to hit an intraday low of 75,240.55.
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