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#profknageshwar #ProfkNageshwaranalysis #mlcnageshwar #stockmarket #trump #tariffs #nifty #intraday #sensex Monday Mayhem: Sensex and Nifty close 3 per cent lower, investors lose Rs 13 lakh crore The Indian stock market witnessed one of its worst trading sessions in recent years on Monday, as fears of an escalating trade war and a global economic slowdown - sparked by recent US tariff hikes - rattled investors worldwide. At closest, the benchmark indices - BSE Sensex and NSE Nifty50 - were down by about 3% each. Sensex settled at 73,137.90, down 2,227 points while Nifty settled at 22,242.30, down 662 points. Investors lost nearly Rs 13 lakh crore as the total market capitalization of BSE-listed firms slumped from Rs 403.5 lakh crore on Friday to Rs 390.7 on Monday. The BSE Sensex had plunged over 4,000 points (5.3%) to hit a low of 71,725 while the Nifty 50 tumbled nearly 1,150 points (5%) to 21,744 in early trading. The broader market saw even steeper declines, with the BSE Midcap and Smallcap indices crashing up to 10% in pre-opening deals.All the sectoral indices fell on Monday with the Metal Index shedding 7% and the Realty Index falling 6%. BSE Midcap and Smallcap indices settled 3.8% and 4.5% lower. Among stocks, Trent, Tata Steel, JSW Steel, Hindalco Industries and L&T were the top Nifty losers. The sell-off echoed across Asian markets, where Japan’s Nikkei, Hong Kong’s Hang Seng, and China’s Shanghai Composite fell between 5% and 10%. The Taiwan benchmark halted trading, as it plummeted 9.7%. Germany's DAX fell 10% on open, while London's FTSE 100 tumbled around 5% in trade. This followed a sharp downturn in U.S. markets on Friday, with the S&P 500, Dow Jones, and Nasdaq dropping as much as 6%. https://www.newindianexpress.com/busi...