Indian stock market indexes Sensex and Nifty drop by 0.7% due to Trump's tariff plans

From Nasdaq MarketSite: 2025-02-23 23:14:03

Indian shares fell on Monday due to Trump’s tariff plans for India, with Sensex down 0.7% and Nifty down 0.7%. IT stocks like Infosys, TCS, Wipro, and HCL Tech dropped 2%. Britannia and BPCL fell 1% after being removed from Nifty 50. Jio Financial Services and Zomato fell after being added to the index. Jagsonpal Pharma faced FDA warning. Manappuram Finance rose 2% on Bain Capital acquisition talks. Healthcare Global Enterprises surged 2.5% on KKR deal. RailTel Corporation gained 2.6% on Kavach tender win for 71 stations.



Read more at Nasdaq MarketSite: Sensex, Nifty Decline In Early Trade; IT Stocks Hit Hard On Tariff Concerns