Trump's Tariff Threats Rattle Markets: Sensex Slides 203 Points

Indian stock markets closed lower for the third consecutive session on Thursday, with the BSE Sensex falling 203.22 points (0.27%) to 75,735.96 and Nifty 50 slipping 19.75 points (0.08%) to 22,913.15. The decline was primarily driven by concerns over potential U.S. tariffs on Indian goods, particula...

Indian stock markets closed lower for the third consecutive session on Thursday, with the BSE Sensex falling 203.22 points (0.27%) to 75,735.96 and Nifty 50 slipping 19.75 points (0.08%) to 22,913.15. The decline was primarily driven by concerns over potential U.S. tariffs on Indian goods, particularly impacting pharma and auto sectors. President Trump's recent announcement of 25% tariffs on automobiles, semiconductors, and pharmaceuticals has heightened investor anxiety. Despite the overall market pressure, some positive signs emerged, including the RBI's indication of growth recovery in H2 FY25 and potential earnings improvement in FY26. Analysts suggest that high-frequency data showing growth recovery may soon positively influence market sentiment. Foreign institutional investors (FIIs) have offloaded Rs 30,216 crore worth of Indian equities in February so far, while domestic institutional investors (DIIs) have bought shares worth Rs 35,809 crore. Source: The Tribune