5 tariff proof stocks with low export exposure that could weather global trade storms – Stock Insights News
India’s benchmark indices, Sensex and Nifty 50 tumbled sharply on Monday this week, dragged down by intensifying global trade tensions and renewed fears of a US recession that have jolted investor sentiment worldwide.
The BSE Sensex crashed 3,939 points intraday, hitting a low of 71,425.01, while the NSE Nifty50 slipped below the 21,800 mark, falling 1,160 points to 21,743, marking its steepest single day drop since June 2024.
Pain was deeper in the broader markets, with the Nifty MidCap and SmallCap indices plunging 7.5% and 9.9%, respectively.
The selloff wiped out nearly Rs 19 trillion (tn) in investor wealth, as the total market capitalisation of BSE-listed firms nosedived to Rs 384 tn from over Rs 403 tn in just one…
