Nifty, Sensex Slide on U.S. Tariff Jolt

  Published 9 months ago

Indian markets dip as U.S. hikes tariffs over Russian oil ties, triggering broad-based sectoral losses and investor concerns.

  • Nifty and Sensex fall 0.6% each, hitting nearly 3-month lows amid the fifth drop in six sessions.
  • U.S. imposes 50% tariffs on Indian goods; Nomura warns it may act like a trade embargo on exports.
  • Reliance, textile, auto parts, and shrimp stocks slump; all 16 sectors end in red, and mid- and small-caps slide.

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