New Delhi, April 7 -- Indian chemical stocks witnessed another round of selling pressure in Monday's trade, with companies including AMI Organics, PI Industries, Fine Organic Industries, Rallis India, Vinati Organics, Clean Science and Technology, and Navin Fluorine tumbling up to 6% in intraday deals amid a broader sell-off in the Indian stock market.

These stocks have been under pressure ever since Donald Trump announced 26% tariffs on Indian exports, as the Indian chemical sector has significant exposure to the US stock market. Moreover, analysts stated that a broad-based slowdown in global economic growth would weigh on demand, impacting the domestic chemical industry.

Domestic brokerage Kotak Institutional Equities warned that a gl...