- India,
- 03-Apr-2025 10:18 AM IST
Share Market News: The impact of the tariff imposed by US President Donald Trump on various countries of the world is being seen especially on India. A 26% tariff has been announced on India, which is more than more than 140 countries of the world. After this announcement, the stock market of India saw a huge decline.Fall in the stock marketThe announcement of the US tariff caused turmoil in the Indian stock market. As soon as the market opened, the Sensex fell by 450 points, while the Nifty also recorded a decline of more than 180 points. According to a report by MK, if a 25% tariff was imposed on India, the country could have lost $ 31 billion, but now this figure may increase even more.Impact on IT and banking stocksThe biggest impact of this tariff was seen on IT and banking stocks. Shares of major IT companies such as Tata Consultancy Services (TCS) and Infosys saw a decline of 2.40% and 2.28% respectively. Apart from this, shares of HCL Tech and Tech Mahindra also declined by more than 2%.The banking sector was also not untouched by this impact. Shares of Tata Motors and Adani Ports fell by more than 1%, while shares of Reliance Industries and Bharti Airtel also fell by about 1%.Huge losses to investorsThe fall in the stock market directly affected the investors. The total market capitalization of the Bombay Stock Exchange (BSE) registered a huge decline. The total market capitalization of the BSE was Rs 4,12,98,095.60 crore at the time of market closing a day earlier, which fell to Rs 4,09,71,009.57 crore as soon as the market opened on Thursday morning. Thus, investors suffered a loss of Rs 3,27,086.03 crore in just a few minutes.Future prospectsFinancial experts believe that this decline may be short-lived and the market may stabilize soon. However, the future situation of the market will also depend on the policy of the Indian government and the direction of talks with the US administration.