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Nifty posts longest losing run on global trade conflict
Hindustan Times Patna
|March 05, 2025
India's blue-chip Nifty 50 posted its longest falling streak in its three-decade history on Tuesday, as global trade conflicts intensified after US President Donald Trump's tariffs on key trading partners came into effect.
The Nifty fell 0.17% to 22,082.65, while the BSE Sensex lost 0.13% to 72,989.93.
The 50-stock Nifty has fallen about 4% in 10 sessions and 16% from a record high hit in September.
Trump's 25% tariffs on Canada, Mexico and a cumulative 20% tariff on China came into effect on Tuesday. Trump also said reciprocal tariffs will start on April 2, escalating trade tensions and dragging global financial markets.
This story is from the March 05, 2025 edition of Hindustan Times Patna.
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