“Black Monday”: Trump’s tariffs rock Indian share market|
On Monday, Indian stock market took a big blow, when Sensex and Nifty saw a tremendous fall of about 3%. All this happened after a big announcement by US President Donald Trump – he decided to impose tariffs (import tax) on all countries. After this, the share markets of the whole world went into panic mode, and India also became a part of the same storm.
What happened in the market?
Sensex fell by 2226 points and reached 73,137
Nifty fell by 743 points and reached 22,161
IT and export based companies were most affected
Who suffered the most loss?
Some big stocks saw the most decline:
Tata Steel: -9%
Tata Motors: -8%
Infosys, HCL Tech, Reliance, ICICI, Axis Bank – all suffered heavy losses. IT companies whose most business comes from the US, all came under direct impact of Trump’s tariffs.
What was the reason for the decline?
1 Trump’s Trade War: Trump has imposed new tariffs on all US trade partners. Due to this, countries like China, Canada, Mexico are also planning retaliation. This has created the fear of global trade war.
2 Wall Street also fell: US S & P 500: -6%
Wow Jones: 2000 points down
Nasdaq entered bear market
China & Japan indices also fell by 8-10%
3 Threat of Global Recession: Experts feel that this war will increase inflation, growth will slow down, and global recession can come.
4 Oil and Commodities Crash: After Trump’s tariffs, oil prices and commodity markets also crashed.
What’s next?
Experts are saying that; “This is not the time to panic. Long term investors should continue SIPs and good stocks are available at discount, so there is an opportunity to buy the right stocks.”
Paranay Gargwal (CEO, Stoxkart) said: “In such times, review the portfolio, keep diversifying, and keep an eye on global cues (like US market, oil prices). This too will pass.”
Takeaway for Investors: Avoid panic selling. Keep SIPs going. Stocks of good companies are available at discount – there is an opportunity for long term.. Create a diversified portfolio. Keep an eye on global updates.
So friends, this shock of the market may be temporary, but investing wisely is the real victory. Keep your patience, make a strategy, and face every season of the market smartly.
