Stock market today, Oct. 13 -- Domestic benchmark stocks faced a downward trend on Monday as selling pressure returned to the markets following U.S. President Donald Trump's announcement of new tariffs on China.

The resurgence of tariff disputes has once again disrupted global trade sentiment, leading to increased caution among investors worldwide. By 10:30 IST, the Nifty 50 index dropped by 75.40 points or 0.30% to reach 25,213 . 70, while the BSE Sensex fell by 224.08 points or 0.27%, starting at 82,278.93.

On Friday, U.S. President Donald Trump pledged to notably raise tariffs on Chinese goods in response to the country's limitations on critical mineral exports.

Rising trade tensions between the two largest economies could contribut...