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Sensex & Nifty Drop as Global Stocks Fall Amid Trump’s New Tariffs

Date: 04-mar-2025

Sensex & Nifty Drop as Global Stocks Fall Amid Trump’s New Tariffs

Stock Market Opening Update – March 4, 2025

The Indian stock market opened in the red on March 4, 2025, as global uncertainty increased following former U.S. President Donald Trump’s announcement of new tariffs on imports from Canada and Mexico. This triggered a sell-off in global markets, affecting investor sentiment in India.

Market Opening Performance

BSE & NSE Indices

  • BSE Sensex: Dropped 368.03 points to 72,717.91.
  • NSE Nifty 50: Declined 136.30 points to 21,982.70.

Global Factors Impacting Indian Markets

The fresh round of 25% tariffs on Canadian and Mexican imports has sparked fears of a global slowdown. Investors are closely watching the impact on international trade relations and market liquidity.

Sectoral Performance

  • IT Sector: The Nifty IT index fell 0.8% due to concerns over global trade disruptions.
  • Oil & Gas Sector: Stocks declined by 1.2%, reflecting concerns over supply chain issues.
  • Banking Stocks: Showed mixed performance as investors remained cautious.

Investor Sentiment & Outlook

With rising global trade tensions, markets remain volatile. Analysts advise caution as further tariff-related announcements could affect stock movements in the coming days.