Indian stock market plummets due to inflation and recession concerns, Sensex and Nifty both drop significantly.

From Nasdaq: 2025-04-07 00:16:00

Indian shares plunged on Monday due to tariff fears and concerns about a recession, with the S&P/BSE Sensex down 3.6% at 72,620 and the NSE Nifty falling 3.8% to 22,025. Stocks like IndusInd Bank, Mahindra & Mahindra, and Tata Motors took a hit, while ONGC and Oil India slumped on falling crude oil prices. JLR halted exports to the U.S. due to import tariffs, while Nykaa saw a drop despite strong growth forecasts. Godrej Properties announced a new project in Versova, and Mazagon Dock Shipbuilders declined as the government plans to offer more shares.



Read more at Nasdaq: Sensex, Nifty Nosedive On Inflation, Recession Fears