Monday mayhem: Sensex sinks 2,227 points as trade war fears engulf global markets
The Hindu
Stock markets plummeted on April 7, 2025, with Sensex dropping 2,226.79 points due to global market turmoil.
Stock markets crumbled on Monday (April 7, 2025) with benchmark Sensex sinking by 2,226.79 points — its steepest single-day decline in 10 months — as a global market carnage following U.S. President Donald Trump’s tariff hikes and retaliation from China fanned fears of economic slowdown.
Indian stock market crash updates on April 7, 2025
The 30-share BSE Sensex crashed 2,226.79 points or 2.95% to settle at 73,137.90, recording its third day of decline. During the day, the index slumped 3,939.68 points or 5.22% to 71,425.01.
The NSE Nifty tumbled 742.85 points or 3.24% to settle at 22,161.60. Intra-day, the benchmark dropped 1,160.8 points or 5.06% to 21,743.65.
All Sensex shares, except for Hindustan Unilever, ended with losses. Tata Steel fell the most by 7.33% followed by Larsen & Toubro which cracked 5.78%.
Tata Motors, Kotak Mahindra Bank, Mahindra & Mahindra, Infosys, Axis Bank, ICICI Bank, HCL Technologies and HDFC Bank were the other big laggards.
Hindustan Unilever ended marginally higher.
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