Stock Market Falls After US President Trump Announces New Tariffs

Sensex traded within a range of 77260.37 and 76756.09, ultimately closing 0.41 per cent lower at 77505.96

- STATESMAN NEWS SERVICE

Stock market fell on Monday amid losses in global markets as the US President Donald Trump announced new tariffs on key trading partners, including Canada, Mexico, and China.

The Nifty index concluded the trading session at 23482.15, reflecting a decline of 0.52 per cent. Throughout the day, the index reached a high of 23381.6 and a low of 23222.0.

Sensex traded within a range of 77260.37 and 76756.09, ultimately closing 0.41 per cent lower at 77505.96.

Indian rupee fell to a record low during early trade following an uptick in the dollar index. Rupee fell to a record low in early trade at 87.1100 against the US dollar, as compared to 86.6162 against the greenback at previous close.

On Nifty, 35 constituent stocks ended in the red, dragged by Larsen & Toubro, Tata Consumer, Hero Moto Corp, Coal India, and Bharat Electronics with losses extending up to 4.67 per cent.