Rs 20 Lakh Crore Lost In 10 Seconds As Indian Markets Crash Due To Trump Tariffs

Indian markets plummet as Trump’s tariffs lead to global pandemonium. Sensex crashes by almost 4,000 points, Nifty dives over 1,000 points. Global equities crash as fears of a recession escalate.

New Delhi:
US President Donald Trump‘s hard-hitting tariffs have unleashed havoc in global markets, bringing Indian shares to a 10-month low and erasing investor wealth worth more than ₹20 lakh crore in matter of seconds. The Sensex began almost 4,000 points down, losing more than 3.5% from its previous session, while the Nifty fell by more than 1,000 points today.

The crash follows a record sell-off in Asian markets and steep declines predicted in US and European markets, as Trump‘s extreme trade policies frighten investors across the globe.

Indian Markets Plummet

Sensex plummeted 3,939.68 points to 71,425.01 when stocks opened after the weekend holidays, and the Nifty plunged by 1,160.8 points to 21,743.65. The rupee also plummeted, opening down 30 paise at 85.74 against the greenback, illustrating the panic across the broader markets.

Analysts have placed the sharp drop at Trump‘s broad tariffs, which have imposed duties up to 50% on some countries. India is subject to a 26% tariff rate, in addition to a baseline duty of 10% that all countries are subjected to, with exporters and traders fearing for their livelihoods.

India will experience the heat, not because of domestic factors, but because it is an interconnected chain in global portfolio flows,” predicted market expert Ajay Bagga. “India today requires a fiscal, monetary, and reform package to protect its economy from the impending global economic winter.”

Sunil Gurjar, a SEBI-registered research analyst, cautioned that Nifty50 has breached key support levels and may continue its downward slide if the sell-off persists.

Global Panic Sets In

Panic hit the world like a bushfire. The Asian equities were the initial shock victims, with China, Japan, Taiwan, and Hong Kong experiencing colossal sell-offs. The Hang Seng index fell more than 10% in Hong Kong, while Japan‘s Nikkei plunged over 8% before somewhat stabilizing lower.

Other European markets also succumbed, with Germany‘s DAX falling by 10%, France‘s CAC 40 by 4%, and London‘s FTSE by almost 6%. Wall Street futures tumbled sharply, signaling heavy losses when the US markets open later today.

In China, whose government responded with 34% retaliatory tariffs, stocks lost more than 4%. Taiwan‘s benchmark index plummeted almost 10%, and there were losses of more than 8% on Singapore and Hong Kong bourses.

Trump Defiant Amid Global Bloodbath

In spite of the international financial turmoil, a combative Trump was unimpressed. Talking to journalists this morning, he likened the tariffs to “medicine” needed to “cure something” and again asserted that the tariffs would mark a “golden era” for US industries.

Yet, experts predict a coming global recession. “The market is back in free-fall mode, punching through floors. Trump’s team isn’t blinking. The tariffs are being treated as a victory lap, not a bargaining chip,” Stephen Innes of SPI Asset Management wrote.

With panic selling still sweeping the world, analysts are warning that things may get even worse.