Markets Tumble as Trump Imposes New Tariffs on China, Global Sentiment Weakens

Markets Tumble as Trump Imposes New Tariffs on China, Global Sentiment Weakens
Indian stock markets declined sharply on Monday, tracking weak global cues after former U.S. President Donald Trump announced fresh tariffs on Chinese goods. The move reignited fears of a renewed trade war, sending jitters across global markets. The BSE Sensex fell by over 600 points to close at 82,327.05, while the NSE Nifty dropped to 25,227.35. Investors remained cautious amid escalating geopolitical tensions and concerns over global trade disruptions. Sectors such as IT, metals, and auto bore the brunt of the sell-off, with foreign institutional investors pulling back amid risk-off sentiment. Analysts say that markets may remain volatile in the short term, especially if China retaliates. Domestic factors, including inflation data and earnings reports, are also likely to influence investor mood in the coming days. For now, sentiment remains fragile as global economic uncertainties and policy unpredictability continue to weigh heavily on equity markets worldwide.