{"id":56799,"date":"2025-02-28T10:19:09","date_gmt":"2025-02-28T10:19:09","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/02\/28\/sensex-nifty-crash-amid-trumps-tariff-threats\/"},"modified":"2025-02-28T10:19:09","modified_gmt":"2025-02-28T10:19:09","slug":"sensex-nifty-crash-amid-trumps-tariff-threats","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/02\/28\/sensex-nifty-crash-amid-trumps-tariff-threats\/","title":{"rendered":"Sensex, Nifty Crash Amid Trump&#8217;s Tariff Threats"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares plunged on Friday as traders grappled with U.S. President Donald Trump&#8217;s new tariff threats.<\/p>\n<p>China vowed to take &#8220;all necessary countermeasures and defend its legitimate rights and interests&#8221; after Trump said he would impose an additional 10 percent tariff on Chinese imports, intensifying a brewing trade war between the world&#8217;s two largest economies.<\/p>\n<p>The additional tariff will come into effect on Tuesday alongside sweeping 25 percent levies on Canadian and Mexican imports.<\/p>\n<p>If is feared that the U.S. trade war may hurt global growth, worsen inflation and possibly spark recessions in some countries.<\/p>\n<p>Traders also awaited India&#8217;s Q3 GDP data and the release of the Federal Reserve&#8217;s preferred inflation gauge, the PCE price index, for near-term market direction.<\/p>\n<p>With selling seen across the board, the benchmark S&amp;P BSE Sensex ended the session down 1,414.33 points, or 1.90 percent, at 73,198.10.<\/p>\n<p>The broader NSE Nifty 50 index closed at 22,124.70, down 420.35 points, or 1.86 percent, from its previous close &#8211; extending its fall from the September 2024-peak to nearly 16 percent. <\/p>\n<p>The BSE mid-cap and small-cap indexes lost 2.2 percent and 2.3 percent, respectively. <br \/>The market breadth was negative, with 3,218 shares declining while 776 shares rose and 88 shares closed unchanged. <\/p>\n<p>IndusInd Bank led losses to close more than 7 percent lower while Mahindra &amp; Mahindra, Bharti Airtel, Wipro and Tech Mahindra fell 4-6 percent. <\/p>\n<p>Financials witnessed selective buying, with Shriram Finance and HDFC Bank rising around 2 percent each. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Sensex, Nifty Crash Amid Trump&#8217;s Tariff Threats<\/a><br \/>\n<br \/>2025-02-28 10:19:09<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares plunged on Friday as traders grappled with U.S. President Donald Trump&#8217;s new tariff threats. China vowed to take &#8220;all necessary countermeasures and defend its legitimate rights and interests&#8221;&#8230;<\/p>\n","protected":false},"author":2,"featured_media":56800,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1535139262971-c51845709a48?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=1950&q=80","fifu_image_alt":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-56799","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=56799"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/56799\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/56800"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=56799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=56799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=56799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}