Chaos in stock markets around the world, loss of Rs 19 lakh crore, shares of Reliance-TCS fell
Newspunjab
7 April 2025
After Trump’s tariff announcement, there has been chaos in stock markets across the world. As the market opened on Monday morning, amid fears of Black Monday by experts, the Sensex saw a fall of more than 3300 points. This means that it fell by about 4.70 percent. While the Nifty also fell by about 1000 points. The market cap of companies listed on the BSE fell by Rs 19.39 lakh crore. This means that the wealth of investors decreased by Rs 19.39 lakh crore as the market opened.
The BSE Sensex is at 72,623, down 3379.19 points or 4.48 percent, and the Nifty-50 is at 21,848.40, down 1056.05 points or 4.61 percent. On the other hand, Asian stock markets were also shaken by the tariffs, where Hong Kong markets fell 10 percent. Along with this, markets from China to Japan saw a 6 percent decline. The trend of heavy decline also continues in the US, where S&P and Nasdaq stocks saw a 3 percent decline, while Dow futures fell 900 points. Meanwhile, Japan’s Nikkei fell 225 points as the market opened.
Among the heavyweight stocks that have fallen sharply during the trading session, Tata Motors and Tata Steel have seen the highest decline of more than 10 percent. While HCL Tech has 7%, Tech Mahindra has 6%, Infosys has 6%, L&T has 6%, Reliance Industries has 5% and TCS has 5%.