Sensex: Trump Effect Causes Markets to Close in Loss

"Trump Announces 25% Tariffs on Steel and Aluminum Imports; Sensex Drops 548 Points"

Indian stock markets ended the day with significant losses. Investor sentiment weakened after U.S. President Trump announced that he would impose a 25% tariff on steel and aluminum imports. This news led to a decline in market performance, marking the fourth consecutive day of losses for the markets.

By the end of the trading session, the Sensex lost 548 points, dropping to 77,311. The Nifty dropped 178 points, settling at 23,381.

Top Gainers on BSE Sensex:

  • Kotak Bank (1.20%)
  • Bharti Airtel (0.90%)
  • ICICI Bank (0.48%)
  • Tech Mahindra (0.41%)
  • HCL Technologies (0.40%)

Top Losers on BSE Sensex:

  • Power Grid Corporation (-3.45%)
  • Tata Steel (-3.11%)
  • Zomato (-2.87%)
  • Titan (-2.83%)
  • Bajaj Finance (-2.15%)

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