New Delhi, Jan. 20 -- Global trade jitters erased investor wealth by a staggering Rs.9.86 trillion on Tuesday, after the Nifty plunged the most in seven months. In the background, tariff tensions rose between the US and its Nato allies over Greenland, and uncertainty lingered over the India-US trade deal.

Market signals point to a turbulent time ahead. Fear gauge India Vix rose 7.63% to 12.73 as the Nifty fell way past the crucial 25,500 mark, suggesting higher volatility and further decline. The Nifty closing below its 50-day simple moving average also suggests a downtrend.

The Nifty fell 1.38% or 353 points to close at 25,232.5, its lowest since 13 May 2025, while the Sensex fell 1.28% or 1065 points to 82,180.47. The rupee fell 0.07%...