Indian Stock Market Crash: Sensex Plunges Over 3%, Nifty Down Amid Global Trade War Fears on April 7, 2025

The Indian stock market experienced a significant downturn on April 7, 2025, mirroring a global sell-off. The BSE Sensex plunged over 2,500 points, a decrease of more than 3%, opening at 71,449.94. The Nifty 50 index also saw a steep decline, opening at 21,758.40. This market rout, labeled "Black Monday" by some traders, was triggered by escalating trade tensions between the United States and China. China's announcement of retaliatory tariffs on all US imports starting April 10, 2025, intensified concerns. This sparked a sell-off in Asian markets, with Chinese markets plunging and Japanese markets also falling sharply. Global markets were affected, with the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all experiencing significant losses. The India VIX, a measure of market volatility, surged, indicating increased investor anxiety. Investors lost billions as the overall market capitalization of BSE-listed firms dropped sharply.