Stock Market Crash: Sensex Plunges 3,400 Points Amid Global Turmoil Triggered by Trump’s Tariff Announcement

The Indian stock market witnessed a massive crash today, with the Sensex tumbling by 3,400 points, sending shockwaves across Dalal Street. This sharp decline follows the global market downturn sparked by former U.S. President Donald Trump’s announcement of new tariffs, which has rattled investor sentiment worldwide.

Over the past three days, American markets have been on a steep downward trajectory, dragging global indices along with them. The ripple effect has now reached Asian markets, including India, which are facing severe losses.

Massive Sell-off Hits Indian Equities

In today's bloodbath, the Sensex dropped 2,743 points intraday, eventually registering a fall of 3,400 points, while the Nifty slid by 900 points. This dramatic plunge has resulted in massive wealth erosion, with investors losing crores of rupees in a single trading session.

The impact has been especially severe for the IT sector, which is witnessing the steepest decline among all indices. Tata Motors shares alone plunged by 9%, signaling broader concerns for export-driven businesses.

Asian Markets Mirror the Panic

The tremors from Wall Street have spread across Asia. According to reports, Asian stock markets have fallen by up to 10%. The Taiwanese stock market saw a steep decline of 9.8%, while Japan and Hong Kong markets each fell by 9%.

Other regional indices also faced significant losses:

• Australia: Down by 6.4%

• Singapore: Down by 5.5%

• Malaysia: Down by 4%

The broad-based sell-off reflects the growing unease among global investors, with uncertainty and volatility gripping financial markets worldwide.

Market Outlook

As investors await further clarity on the global trade outlook, particularly regarding the implications of Trump's proposed tariffs, market experts suggest exercising caution. The coming days will be critical in determining whether this is a short-term panic or the beginning of a prolonged downturn.