Today’s stock market crash: a carnage on Dalal Street as the Sensex plummets by more than 1,200 points and the Nifty by more than 400

Stock Market Crash Today: The wider Nifty 50 plummeted 282.45 points to 22,265.05. Meanwhile, the BSE’s Sensex dropped 952.39 points to settle at 73,660.04.

Indian Stock Market Today: Amid ongoing worries about tariff threats from US President Donald Trump, as well as ahead of the release of India’s domestic gross domestic data (GDP) for FY2024-25 and the October-December 2024 quarter, domestic stock markets continued their downward spiral on Friday, following weak Asian stocks.

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The BSE’s Sensex began the morning trading session at 73,660.04, down 952.39 points, or 1.28 percent. On Friday morning, the wider Nifty 50 followed a similar path, falling 1.25 percent, or 282.45 points, to 22,265.05. Both indices continued to lose ground later in the day, with the Nifty down more than 400 points and the Sensex down more than 1,200 points.

Stock markets detest uncertainty, which has gotten worse since Trump was elected US president. “The markets have been impacted by Trump’s string of tariff announcements, and the latest announcement of an additional 10% tariff on China confirms the market’s belief that Trump will use the first few months of his presidency to threaten countries with tariffs before negotiating a settlement that benefits the US.”

China’s reaction to the most recent wave of tariffs is uncertain.The markets have yet to rule out a full-scale trade war between the United States and China.

the CBOE volatility index spiked sharply to 21.13, reflecting an increase in the uncertainty element.

One of the external factors contributing to Japan’s problems is inflation. Tokyo’s core consumer prices rose 2.2% in February over the same month the previous year, according to recent data. Core inflation was still much higher than the Bank of Japan’s objective of 2% even though it has slowed for the first time in four months.

Economists claim that because a high inflation rate would suggest that a rigid monetary policy would persist, it also had an impact on market sentiment. If the BoJ rises rates further, it could have an effect on the yen carry trading market.

There was still a lot of selling pressure on mid- and small-cap equities. Both the BSE Midcap index and the BSE Smallcap index saw 1.94 percent declines.

The markets are under more strain as a result of the constant dumping of domestic stocks by foreign portfolio investors (FPIs). FPIs have taken out Rs 1.137 lakh crore from the domestic market so far this year.