Mon Apr 07 06:40:00 UTC 2025: ## India’s Stock Market Plunges Amidst Global Trade War Fears

**Mumbai, India** – India’s stock market experienced a dramatic downturn on Monday, with the Nifty Metal Index plummeting over 7.5% amid escalating US-China trade tensions and growing concerns of a global recession. The sharp decline was triggered by a new round of tariffs between the US and China, including export restrictions by China on rare earth metals.

The escalating trade war sent shockwaves through global markets, particularly impacting metal stocks already vulnerable to international price fluctuations. All 15 constituents of the Nifty Metal Index traded in the red, with Lloyds Metals and Energy leading the losses at nearly 12%. Tata Steel and Hindustan Copper followed closely behind, experiencing drops of 10% and 9% respectively. Other major metal companies, including Vedanta, National Aluminium, SAIL, and Hindustan Zinc, also suffered significant losses of around 8%.

The broader market also suffered a severe selloff. The Sensex plummeted over 2,869 points (3.81%) to 72,495.62, while the Nifty fell 960 points (4.19%) to 21,944.30. All sectoral indices were affected, with media, realty, auto, IT, and metal sectors experiencing declines between 5% and 7%. Midcap and Smallcap indices also lost over 5% each.

The downturn is attributed to a combination of factors including global trade uncertainty, fears of a US recession, and sustained foreign investor outflows from emerging markets like India. While some Indian metal companies are optimistic about long-term growth based on domestic demand and diversification, the short-term outlook remains highly uncertain. Analysts are expressing concerns about the possibility of a prolonged market downturn. The situation is being closely monitored by investors and economists alike.

**(Note: Information about the Kawasaki hydrogen-powered robotic horse has been omitted as it is unrelated to the main story about the Indian stock market crash.)**

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