Stock markets settle lower on selling in IT & Teck stocks, global sell-off as Trump hikes tariffs

2025-01-16T083930Z_1056458014_RC272Z98PX5L_RTRMADP_3_INDIA-MUTUAL-FUNDS-SMALL-INVESTORS.JPG

Stock markets settle lower on selling in IT & Teck stocks, global sell-off as Trump hikes tariffs

05 Apr Business

The U.S. has announced additional 27% import duties on India saying New Delhi imposes high tariffs on American goods, as Trump administration aims to reduce the trade deficit and boost manufacturing. File

The U.S. has announced additional 27% import duties on India saying New Delhi imposes high tariffs on American goods, as Trump administration aims to reduce the trade deficit and boost manufacturing. File
| Photo Credit: Reuters

Benchmark indices Sensex and Nifty settled lower on Thursday (April 3, 2025) due to selling in IT and Teck shares and a global sell-off as U.S. President Donald Trump unveiled reciprocal tariffs on 60 countries, including India.

The 30-share BSE Sensex declined by 322.08 points or 0.42% to close at 76,295.36. During the session, it plunged 809.89 points or 1.05% to hit an intraday low of 75,807.55 but recovered…

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