{"id":58096,"date":"2025-04-01T10:29:37","date_gmt":"2025-04-01T10:29:37","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/04\/01\/sensex-tumbles-1390-points-on-tariff-concerns-nifty-ends-below-23200\/"},"modified":"2025-04-01T10:29:37","modified_gmt":"2025-04-01T10:29:37","slug":"sensex-tumbles-1390-points-on-tariff-concerns-nifty-ends-below-23200","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/04\/01\/sensex-tumbles-1390-points-on-tariff-concerns-nifty-ends-below-23200\/","title":{"rendered":"Sensex Tumbles 1,390 Points On Tariff Concerns; Nifty Ends Below 23,200"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended sharply lower Tuesday, after having opened on a firm note earlier in the day. <\/p>\n<p>Heightened tariff and geopolitical concerns weighed on sentiment as traders returned to their desks after a long holiday weekend.<\/p>\n<p>Markets awaited more details on U.S. President Donald Trump&#8217;s reciprocal tariff announcements set to be announced on Wednesday, which Trump has dubbed &#8216;Liberation Day.&#8217;<\/p>\n<p>Trump is expected to unveil tariffs targeting all nations, not just specific ones as previously planned.<\/p>\n<p>Trump promised he will be &#8216;very kind&#8217; to trading partners on April 2 but critics warn that his strategy risks a global trade war, provoking retaliation by major trading partners like China, Canada and the European Union.<\/p>\n<p>Geopolitical tensions also remained on investors&#8217; radar as Trump threatened Russia with tariffs and vowed to continue strikes on Yemen&#8217;s Houthi rebels until they no longer pose a threat to global shipping. He also issued a stern warning to Iran, stating that the &#8220;real pain is yet to come.&#8221;<\/p>\n<p>The benchmark S&amp;P\/BSE Sensex plunged 1,390.41 points, or 1.80 percent, to 76,024.51, extending losses for a second straight session. <\/p>\n<p>The broader NSE Nifty index fell 353.65 points, or 1.50 percent, to 23,165.70, pulled lower by tech stocks and banks. <\/p>\n<p>The BSE mid-cap index fell a little over 1 percent, but the small-cap index ended on a flat note.<br \/>The market breadth was positive on the BSE, with 2,710 shares rising while 1,339 shares declined, and 146 shares ended unchanged. <\/p>\n<p>Selling was broad-based, with Reliance Industries, Sun Pharma, ICICI Bank, Titan Company, Infosys, Bajaj Finance, Bajaj FinServ, HDFC Bank and HCL Technologies falling 2-4 percent. <\/p>\n<p>IndusInd Bank surged 5.1 percent after reports that it is making efforts to boost liquidity amid an ongoing investigation into accounting lapses. <\/p>\n<\/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 Tumbles 1,390 Points On Tariff Concerns; Nifty Ends Below 23,200<\/a><br \/>\n<br \/>2025-04-01 10:29:37<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended sharply lower Tuesday, after having opened on a firm note earlier in the day. Heightened tariff and geopolitical concerns weighed on sentiment as traders returned to their&#8230;<\/p>\n","protected":false},"author":2,"featured_media":58097,"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-58096","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58096","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=58096"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/58096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/58097"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=58096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=58096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=58096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}