Stock market crash today: It turned out to be a ‘Black Monday’ for Indian stock market investors, as tariffs imposed by US President Donald Trump on over 180 countries across the globe unleashed an ‘economic nuclear war’, sending Dalal Street into a tailspin.
Tracking a plunge in Asian peers and Wall Street, the stock market indices back home – BSE Sensex and the NSE Nifty – also tumbled over 4% in early trade on Monday, April 7, with all constituents in the red. This bloodbath left investors poorer by ₹19 lakh crore as the market capitalization of all companies listed on the BSE dropped to ₹383.81 lakh crore from ₹403.34 lakh crore earlier.
Mid & small-cap indices face deeper falls
The broader markets saw even sharper cuts, as the BSE Midcap index tanked over 8% to 37,203.21 while the BSE Smallcap index lost 10.5% to hit a low of 41,013.68.
