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Home » Sensex, Nifty record worst opening since Covid amid tariff meltdown

Sensex, Nifty record worst opening since Covid amid tariff meltdown

Ananya Pattnaik by Ananya Pattnaik
April 7, 2025
in Business, Trending Now
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India’s benchmark indices fell sharply on Monday, with concerns over a global trade war and growing recession fears in the US also sparking a stock market rout on Wall Street and in other Asian markets.


The GIFT Nifty futures were trading at 22,089 as of 7:55 am IST, indicating that the blue-chip Nifty 50 will open about 3.6% lower than Friday’s close of 22,904.45.

How much various Nifty indices fell

The various Nifty indices performed as follows:

1) Nifty Next 50, down by 4.29%, reaching 58,829.25.

2) Nifty Bank, down by 3.31%, reaching 49,800.25.

3) Nifty Financial Services, down by 3.57%, reaching 23,891.00.

4) Nifty Midcap Select, down by 5.34%, reaching 10,584.40.

The sectors which fell the most so far, as per the movements of the Nifty Sectoral Indices are as follows:

1) Nifty Metal, down by 6.91 %, reaching 7,832.90.

2) Nifty IT, down by 5.75%, reaching 31,584.55.

3) Nifty Midsmall IT & Telecom, down by 5.50 %, reaching 8,098.15.

4) Nifty Media, down by 4.97%, reaching 1,414.45.

5) Nifty Metal, down by 4.68%, reaching 19,629.45.

Among the 30 Sensex stocks, the top 5 losers are as follows:

1) Tata Steel, down by 9.97 %, reaching 126.45.

2) Infosys, down by 9.43%, reaching 1,315.30.

3) Tata Motors, down by 8.51 %, reaching 561.60.

4) Tech Mahindra, down by 8%, reaching 1,215.85.

5) Adani Ports & Special Economic Zone, down by 7.24%, reaching 1,065.45.

 

 

Tags: business newslatest newsniftysensexTrump tariffs
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