Indian stock markets opened sharply lower on Monday, mirroring weakness across Asian peers after US President Donald Trump issued a warning about imposing “stricter” tariffs on China.
The renewed tariff concerns spooked investors worldwide, leading to broad-based selling across global equity markets, including India.
How Did Indian Stock Market Perform Today?
At the opening bell, the Sensex opened at 82,278, down 223 points or 0.27 per cent, while the Nifty began trading at 25,180, slipping 105 points or 0.42 per cent.
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Selling pressure deepened through the day. Around 1 pm, the Sensex traded 315 points lower at 82,182.83, and the Nifty was down 102.80 points at 25,182.55.
The broader markets also moved in tandem, with the Nifty MidCap and SmallCap indices falling around 0.2 per cent.
All major sectors were in the red; the Nifty IT index dropped 1 per cent, followed closely by the Nifty FMCG index, which lost 0.99 per cent.
Market experts said the slump reflects renewed global uncertainty amid rising geopolitical tensions and the unpredictable trajectory of the US-China trade relationship.
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‘India Not on Target, But…’: Anil Singhvi’s View
Market guru and Zee Business Managing Editor Anil Singhvi shared his perspective on the market downturn, cautioning that while India may not be directly impacted, the uncertainty could still dent investor confidence.
“The US President is not only being difficult but sometimes becomes impossible to understand,” Singhvi said, adding, “At times, his statements make it seem like even he’s unsure of what he wants to do next. It feels like he enjoys shaking up the markets.”
Singhvi explained that the overheated US markets are now cooling off sharply, which in turn has led to risk-off sentiment globally.
“India isn’t directly on the target list, but uncertainty around the tariff war is bad for everyone. The sharp reaction in the US markets is negative for overall sentiment,” he noted.
However, Singhvi also pointed out a silver lining: the signs of improving ties between India and the US could provide some cushion.
“There are indications that relations with India are improving, which helps restore confidence. Usually, solutions emerge only after the fight reaches its peak,” he said.
Asian Markets Down
The tariff jitters hit stock markets around the world. In Asia, major indices, including South Korea’s KOSPI, Shanghai’s SSE Composite, Japan’s Nikkei 225, and Hong Kong’s Hang Seng, were all trading sharply lower.
In the US, markets also ended deep in the red on Friday, the Nasdaq Composite fell 3.56 per cent, the S&P 500 dropped 2.71 per cent, and the Dow Jones Industrial Average slipped 1.90 per cent.
