Dalal Street witnessed a notable downturn due to the increasing trade tensions, impacting investor confidence. The imposition of US tariffs prompted China to retaliate with a 34% tariff, leading to a substantial drop in sensex and Nifty indices. The market saw intense selling pressure particularly in auto, metal, and pharma sectors. The escalating trade war between the US and China has raised concerns among investors, causing a bearish trend in the Indian stock market.
Trade war escalates, Dalal Street plummets on US-China tariffs, sensex and Nifty hit hard, auto, metal, and pharma stocks drop.
In Trend
“Indian government launches initiative to encourage electric vehicle adoption, offers incentives and subsidies to boost sales.”
