Today, April 7, 2025, global stock markets experienced significant declines, primarily driven by escalating trade tensions and recession fears.
Indian Markets:
- The BSE Sensex plummeted 2,226.79 points (2.95%), closing at 73,137.90.
- The Nifty 50 dropped 742.85 points (3.24%), ending at 22,161.60.
This marks the worst single-day performance for Indian benchmarks in 10 months.
Sectoral Performance:
- All 13 major sectors declined.
- Notably, the Nifty Metal Index fell by 6.83%, closing at 7,840.15.
Major Stocks:
- Maruti Suzuki India Ltd. declined by 1.34%, closing at ₹11,327.25. Despite this, it outperformed competitors like Ashok Leyland Ltd. (-3.68%) and Eicher Motors Ltd. (-3.39%).
Investor Impact:
- Investors faced a significant loss of approximately ₹13 lakh crore as market capitalization eroded.
Global Markets:
- Hong Kong’s Hang Seng Index dropped over 13%, its worst day since 1997.
- Japan’s Nikkei 225 fell by nearly 8%.
- European indices like Germany’s DAX and the UK’s FTSE declined by 5.3% and 4.1%, respectively.
U.S. Markets:
- The Dow Jones Industrial Average opened with a sharp decline of 1,400 points.
Key Factors:
- The downturn is largely attributed to U.S. President Donald Trump’s announcement of new tariffs, intensifying fears of a global trade war and potential recession.
Market analysts express concerns that prolonged trade tensions could further destabilize the global economy, emphasizing the need for diplomatic resolutions to mitigate financial market volatility.
