Sensex Plunges 780 Points, Nifty Dips Below 25,900 Amid US Tariff Fears

Business
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News18•08-01-2026, 15:44
Sensex Plunges 780 Points, Nifty Dips Below 25,900 Amid US Tariff Fears
- •Indian benchmark indices Sensex and Nifty recorded their worst session since December 8 last year.
- •Sensex closed down 780.18 points (0.92%) at 84,180.96; Nifty fell 263.9 points (1.01%) to 25,876.85.
- •Investor sentiment was dented by reports of US President Donald Trump proposing up to 500% tariffs on India.
- •L&T and TechM slipped 3%; Hindalco, JSW Steel, ONGC were top laggards, while ICICI Bank gained.
- •Global markets were mixed, with Wall Street lower due to geopolitical tensions and Trump's comments.
Why It Matters: Indian markets crashed due to US tariff threats and global geopolitical tensions.
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