New Delhi, April 7 -- The Indian stock market suffered massive losses in trade on Monday, April 7, mirroring the trends seen in major global markets amid mounting fears over the impact of a global trade war triggered by US President Donald Trump's reciprocal tariffs.
The Sensex crashed as much as 4,000 points, while the Nifty 50 dropped below 21,800 in early deals.
The BSE Midcap and Smallcap indices plunged up to 10 per cent.
Here are the five key factors that appear to be behind the bloodbath in the Indian stock market:
Almost every major market across the world is down with deep cuts as Trump administration showed no sign of backing away from their tariff plans.
According to a Reuters report, Trump on Sunday termed tariffs as "med...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.