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Market declines as investors remain cautious amid Trump's tariff commitment
The Statesman Bhubaneswar
|February 11, 2025
Stock market witnessed a sharp decline on Monday, shedding over 0.7 per cent as investors' sentiment remained cautious following US President Donald Trump's tariff commitment.
Stock market witnessed a sharp decline on Monday, shedding over 0.7 per cent as investors' sentiment remained cautious following US President Donald Trump's tariff commitment. The response was in line with losses across most Asian markets amid Trump's commitment to imposing tariffs on imports, raising concerns over potential disruptions in global supply chains.
Benchmark indices dropped for the fourth straight session. At close, Sensex dropped 0.7 per cent, or 548 points, settling at 77,311.80, while the Nifty 50 index declined by 0.76 per cent, or 178.35 points, to 23,381.60. Throughout the day, Nifty reached a high of 23,568.6 and a low of 23,316.3, while the Sensex fluctuated between 77,849.58 and 77,106.89.
Cette histoire est tirée de l'édition February 11, 2025 de The Statesman Bhubaneswar.
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