Where do you think Nifty will land today? Dow Jones down -3.98% | S&P down -4.84%

RahulDeshpande · April 4, 2025, 3:09am

Markets tanked on Thursday after President Trump announced sweeping new tariffs, sparking fears of a global trade war.
• S&P 500 fell 4.84%, worst since June 2020
• Nasdaq dropped 5.97%
• Dow sank nearly 1,700 points

Heavy losses were seen across sectors:
• Nike down 14%, Apple 9%
• Five Below crashed 28%, Dollar Tree 13%
• Nvidia and Tesla also took major hits

The S&P 500 is now 12% below its Feb high, sliding to levels not seen since before Trump’s 2016 win. The new 10% baseline tariff kicks in on April 5, with harsher duties to follow.

How do you think Nifty will react to all this today ?

Pradhan · April 4, 2025, 4:26am

Indian markets are poised for a sharp decline as global turmoil sparks a risk-off sentiment.
IT giants like Infosys, TCS, and Wipro may face selling pressure due to their significant US exposure
while metal stocks (Tata Steel, Hindalco) and auto majors (Maruti, Tata Motors) could take a hit amid demand concerns.
A weaker rupee and potential FII outflows could further intensify the selloff, dragging the Nifty lower.

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