Markets tumble as Sensex falls over 1000 points amid Trump’s tariff threats

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Posted by BluraAirport-Admin on 2025-02-28 10:21:44 |

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Global financial markets experienced a significant downturn following new tariff threats from former US President Donald Trump. The Indian stock market was heavily impacted, with the Sensex falling by over 1,000 points, leading to a loss of Rs 7.46 lakh crore in investor wealth. The decline was driven by fears of a global trade war and continued foreign investor outflows. Major companies like Tech Mahindra, IndusInd Bank, Maruti, and HCL Tech were among the worst performers, while Axis Bank, HDFC Bank, and Reliance Industries managed to stay in positive territory. Asian markets, including Seoul, Tokyo, Shanghai, and Hong Kong, also saw sharp declines as global investor sentiment weakened. 

Analysts pointed out that markets tend to react negatively to uncertainty, and Trump's history of using tariffs as a negotiation tool has frequently caused market volatility. The latest announcement of a 10 percent tariff on Chinese goods has raised concerns about a potential response from China, adding to market instability. Foreign institutional investors also continued to withdraw funds from Indian equities, further exacerbating the downturn. 

Meanwhile, global oil prices dipped slightly, with Brent crude trading at 73.66 dollars per barrel. The combination of trade tensions, market uncertainty, and foreign fund outflows created a challenging environment for investors. Experts believe that the coming weeks will be crucial in determining how China reacts to the new tariffs and whether global markets stabilize.

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