In just four days, investors lost a massive ₹7.68 lakh crore because of a big drop in the stock market. This happened as foreign funds pulled out their money and worries about new tariffs began to trouble investors. The BSE Sensex, a major stock market index in India, fell by 1,272 points, which is about 1.61%. The total value of companies listed on the Bombay Stock Exchange (BSE) dropped to ₹4,17,82,573.79 crore (or $4.77 trillion).
The market took a hit after US President Donald Trump announced plans to put new tariffs on steel and aluminum imports, raising concerns about trade. On Monday, the Sensex fell by 548 points, reaching a weekly low of 77,311.80 points. During the day, it even fell further to 77,106.89 points.
Investors felt nervous as companies reported lower earnings and fears about a trade war grew. Some stocks like Power Grid, Tata Steel, Zomato, and Tata Motors performed poorly. However, companies like Kotak Mahindra Bank and Bharti Airtel did better.
The uncertainty around US tariffs made investors very cautious. Many are choosing to invest in safer options like gold. The small-cap index dropped by 2.25%, while the mid-cap index fell by 2.06%. All sectors on the BSE ended lower, with real estate and metals seeing the biggest declines.
In total, 3,032 stocks went down, while only 1,070 rose, and 123 stayed the same.
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