Markets Bleed on First Day of Trading Week
Total market capitalisation of all BSE-listed companies dropped by Rs 19.4 lakh crore, falling to Rs 383.95 lakh crore
Apr 7, 2025, 16:13 IST
April 7, 2025 – US President Donald Trump’s tariff imposition has triggered a global meltdown affecting markets worldwide. The Indian market was no exception and in opening trade today on the first day of the week, it witnessed relentless selling pressure across all sectors after the major indices opened in the red.
At close, Sensex ended at 73138, falling 2227 points and down almost 3%. Nifty closed at 22162 falling 743 points and down 3.2%. The total market capitalisation of all BSE-listed companies dropped by Rs 19.4 lakh crore, falling to Rs 383.95 lakh crore. All major indices ended in the red. Metals and IT fell by more than 7% while Auto, Realty and Oil & Gas dropped by more than 5%.
Market analysts fear that going forward, markets would continue to bleed on the back of global trade war fears and growing recession fears in the US.
With Media Inputs
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