Indian Stock Markets Plunge Sharply Following U.S. Tariff Announcement

The Indian stock market witnessed a sharp decline on Monday morning, with key indices falling significantly within minutes of opening. The BSE Sensex dropped nearly 3.8%, falling from its previous close of 75,364 to around 72,500 points. The Nifty 50 also recorded a steep fall of approximately 4%, reflecting broad-based selling across sectors.

This sudden downturn has raised concerns among investors and analysts alike, with several Indian media outlets referring to the situation as a "market crash." Although the market remains open and fluctuations continue, the early decline highlights a surge in investor anxiety and uncertainty. Whether the indices recover or decline further will depend on intraday sentiment and any possible intervention or reassuring signals from policymakers.

A major factor contributing to the current volatility is the recent announcement by U.S. President Donald Trump of an additional 26% tariff on imports from India. While signs of market nervousness had been visible in previous sessions, the weekend developments appear to have intensified investor fears, leading to significant sell-offs as trading resumed on Monday.