Global stock markets witnessed a sharp decline after the tariff declarations made by Donald Trump, triggering concerns of an impending recession. The impact of this downturn was felt on Dalal Street as well, with both Sensex and Nifty experiencing significant drops, causing a substantial decrease in investor wealth. The sell-off was predominantly driven by foreign funds, although domestic investors offered some stability amidst the chaos. Analysts believe that India’s robust domestic economy could provide a certain level of protection from the worldwide financial instability, potentially leading to upcoming rate reductions.