Effect of Trump's tariffs, stock market plunges, Sensex falls by 600, Nifty falls by 200 points

Sensex and Nifty News: Donald Trump has imposed more than 50% tariffs on India, and the stock market opened for the first time today after this tariff was implemented, and many stocks in the market were red. Sensex fell by 600 and Nifty by 200 points.

What is the status of Sensex-Nifty?

According to the information so far, Sensex fell by 657 points and was seen trading at the level of 80124, while Nifty also fell by 200 points and was seen trading at the level of 24152. With this, investors suffered a big loss. Along with the decline in the market, IT tech companies and banking stocks also fell.

The market crashed as soon as it opened

It is worth mentioning that on August 27, Trump imposed an additional 25% tariff on India, but the Indian stock market was closed on the occasion of Ganesh Chaturthi. When the market opened today, Thursday, the direct impact of the tariff was seen on the Sensex-Nifty. The BSE Sensex opened at 80754 compared to its previous close of 80786.54 and then in a few minutes it was seen trading at 80124 with a decline of 657.33 points. Talking about the NSE Nifty, this index opened at 24659.80 compared to its previous close of 85712.05 and then like the Sensex, it reached the level of 24152 with a sharp decline of 200 points.