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Panic Monday
The New Indian Express Mangaluru
|April 08, 2025
Sensex, Nifty crash 3% each; investors lose ₹14 lakh crore
INDIAN stock markets on Monday witnessed one of the worst trading sessions in recent times as fears of an escalating trade war and a global economic slowdown—sparked by recent US tariff hikes—rattled investors.
The crash is attributed to the reciprocal tax imposed by US President Donald Trump last week. The market tremors are likely to escalate as Trump late on Monday threatened to slap an additional 50% tariff on China and halt trade negotiations if Beijing does not withdraw its 34% retaliatory tariff by Tuesday.
Cette histoire est tirée de l'édition April 08, 2025 de The New Indian Express Mangaluru.
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