
Mumbai, April 9, 2025: After a brief recovery yesterday, the Indian stock market took a downturn today, impacted by US President Donald Trump’s tariff plans.
By 9:22 AM, the BSE Sensex fell by 255.49 points, reaching 73,971.59, while the NSE Nifty50 dropped by 86.70 points, settling at 22,449.15. Analysts attribute the fall to the anticipation of a potential 104% tariff on Chinese goods, causing market uncertainty.
On Monday, both indices experienced significant losses, with the Sensex dropping over 2,600 points. While there was a slight recovery on Wednesday, the overall sentiment remains negative due to ongoing global trade tensions and tariff issues.
The stock market’s performance will likely depend on how these global economic factors unfold in the coming days.