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Nifty posts longest losing run on global trade conflict
Hindustan Times Jaipur
|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.
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