{"id":60359,"date":"2025-06-02T04:20:02","date_gmt":"2025-06-02T04:20:02","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/06\/02\/sensex-nifty-tumble-as-trade-worries-return-to-haunt\/"},"modified":"2025-06-02T04:20:02","modified_gmt":"2025-06-02T04:20:02","slug":"sensex-nifty-tumble-as-trade-worries-return-to-haunt","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/06\/02\/sensex-nifty-tumble-as-trade-worries-return-to-haunt\/","title":{"rendered":"Sensex, Nifty Tumble As Trade Worries Return To Haunt"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares opened on a sluggish note Monday, with concerns over global trade and tariffs keeping investors on edge. <\/p>\n<p>U.S. President Donald Trump accused China of violating their agreement and announced plans to double the tariffs on steel and aluminum imports to 50 percent in a clear message that the tariff and trade scenario will continue to be uncertain and turbulent.<\/p>\n<p>Escalating tensions between Russia and Ukraine also curbed investors&#8217; appetite for risk. <\/p>\n<p>The benchmark S&amp;P BSE Sensex slumped 767 points, or 0.9 percent, to 80,684 in early trade while the broader NSE Nifty index fell 204 points, or 0.8 percent, to 24,548.<\/p>\n<p>Among the prominent decliners, Tech Mahindra, HCL Technologies and HDFC Bank were down around 2 percent each. <\/p>\n<p>Tata Motors dropped 1 percent on reporting 9 percent drop in May sales. <\/p>\n<p>Dr Reddy&#8217;s Laboratories fell about 1 percent amid an ongoing patent infringement suit filed by Novo Nordisk A\/S over the patent of blockbuster diabetes medication.<\/p>\n<p>EaseMyTrip fell nearly 2 percent after posting a sharp 59 percent QoQ decline in net profit for Q4 of FY25.<\/p>\n<p>Apollo Hospitals rallied 2.3 percent on reports that it plans to sell its maternity and infant care unit. <\/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, Nifty Tumble As Trade Worries Return To Haunt<\/a><br \/>\n<br \/>2025-06-02 04:20:02<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares opened on a sluggish note Monday, with concerns over global trade and tariffs keeping investors on edge. U.S. President Donald Trump accused China of violating their agreement and&#8230;<\/p>\n","protected":false},"author":2,"featured_media":60360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-60359","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60359","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=60359"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60359\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/60360"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=60359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=60359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=60359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}