Stock markets fell sharply for the second consecutive day..!?

 US stock markets fell sharply for the second consecutive day on friday due to fears that US President Donald Trump's reciprocal tariffs will lead to an international trade war and economic recession. Its impact was widely expected to reverberate in the indian stock markets on monday (today). Meanwhile, in retaliation to the US, Tata Motors' JLR temporarily stopped exporting its luxury cars to the US. Also, china imposed additional tariffs on American goods. This has increased the chances of an international trade war breaking out. Due to such reasons, investors sold stocks in large quantities, and trading in international stock markets took a heavy hit today.
 In Asian markets, Chinese and Japanese stock markets fell to the bottom. indian stock markets were not spared. Stock trading in indian stock markets started with a sharp decline this morning. In particular, the bombay Stock Exchange index Sensex started with a decline of 3,864.75 points. The total market value of listed companies on the bombay Stock Exchange fell by Rs. 19.4 lakh crore to Rs. 383.95 lakh crore. The prices of the 30 companies that helped calculate the Sensex also fell. The price of Tata Steel stock fell by more than 8 percent. Not only the stock markets but also the crude oil market has been severely affected by the impact of Trump's reciprocal tax. In the international market, the price of 1 barrel of Brent crude oil has fallen by $ 2.12 to $ 63.46. At the same time, the price of US crude oil fell by $ 2.05 to $ 59.94. US President donald trump imposed a minimum 10 percent tariff on all countries exporting to the US a few days ago, and trump imposed additional tariffs on about 60 countries that have huge trade imbalances with the US. In particular, he imposed a 54 percent tariff on Chinese goods. Trump's move was expected to lead to an international trade war. As if to confirm this, china retaliated within the next 48 hours of trump imposing the tariffs. china imposed a 34 percent tariff on imported American goods.
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Sowmiya Sriram

07/04/2025 10:35 AM