Market meltdown! Sensex, Nifty sink 3% to 10-month low; Asian, European shares endure

Market meltdown! Sensex, Nifty sink 3% to 10-month low; Asian, European shares endure

The 30-share BSE Sensex sank 2.95 per cent or factors to shut at 73,137.90. The broader Nifty 50 index crashed 3.24 per cent or factors to conclude the day at 22,161.60.

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Benchmark Indian inventory indices on Monday (April 7) ended the day bathed in purple after bleeding over the fallout from US President Donald Trump’s tariff hikes coming into impact.

The 30-share BSE Sensex sank 2.95 per cent or factors to shut at 73,137.90.

The broader Nifty 50 index crashed 3.24 per cent or factors to conclude the day at 22,161.60.

That is the bottom stage for Sensex and Nifty 50 since June 4, 2024, when the outcomes for the 2024 Lok Sabha elections have been introduced.

D-street outperforms Asian friends

Regardless of the massacre, Indian indices fared comparatively higher than Asian friends in Hong Kong, Japan, Taiwan, and mainland China.

The carnage was not restricted to Asian monetary markets alone. European inventory indices are poised for a showdown with the bears on this troublesome buying and selling day as properly.

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