Indian Stock Market Plunges Amid Global Trade War Fears: Sensex Down 2.95%, Nifty50 Drops 3.24% on April 7, 2025

The Indian stock market experienced a significant downturn on April 7, 2025, mirroring global market anxieties over a potential trade war. The BSE Sensex plummeted by 2,226.79 points, closing 2.95% lower at 73,137.90. Simultaneously, the Nifty50 index dropped 742.85 points, finishing 3.24% down at 22,161.60. This sharp decline reflects investor concerns sparked by fears of 'Liberation Day' reciprocal tariffs. The downturn aligns with a broader sell-off in Asian markets, with Japan's Nikkei hitting a one-and-a-half-year low, and Europe's Stoxx 600 falling 6% shortly after opening. This event has reignited fears of a potential 'Black Monday 2.0'.