Snapping a two-week gaining streak, domestic markets plunged 2.6 percent this week amid fears of a trade war, which led to a global sell-off following US President Donald Trump’s reciprocal tariff announcements and renewed concerns over the economic slowdown. The Sensex tumbled 2,050 points during the week to close at 75,365 yesterday. The Nifty declined 615 points during the week to end at 22,904. In the broader market, the BSE Mid-cap Index dropped 2.5 percent, and the Small-cap Index shed 1.6 percent. At the foreign exchange market, the rupee appreciated 23 paise during the week to end at 85.23 against the dollar yesterday.
Site Admin | April 5, 2025 7:31 PM
Markets Tumble 2.6% Amid Global Sell-Off; Sensex Drops 2,050 Points
