Outcry due to fall in Indian stock market: Sensex fell 1,119 points, Nifty at 25,400, IT shares increased concern

Tariffs Impact on Market: The Indian stock market witnessed a sharp decline on Tuesday as benchmark indices Sensex and Nifty declined by more than one per cent. The main reason for this selloff in the market is believed to be the new global tariffs imposed by US President Donald Trump and future threats. Shares of IT and realty sectors have been hit the most, which has created an atmosphere of fear among investors on Dalal Street. Along with this, midcap and smallcap indices are also trading with a decline due to which the broader market sentiment has become quite weak.

Big fall in Sensex and Nifty

By 1 pm, Sensex was seen trading at 82,174.86, down 1.34 percent or 1,119.80 points, which is a matter of concern for investors. At the same time, Nifty 50 of National Stock Exchange was also trading at the important level of 25,400.90 with a decline of 1.2 percent i.e. 311.70 points. Due to this tsunami in the market, the total market cap of BSE listed companies has reduced by Rs 3.23 trillion to Rs 465.31 trillion.

Trump’s tariffs and global impact

The market has been completely shaken by US President Donald Trump’s warning that 10 percent global levy will be effective and it will be increased to 15 percent in future. Even though the US Supreme Court has ruled Trump’s tariffs illegal, his threat to withdraw from new trade agreements has soured sentiment. Due to this uncertainty, there is selling pressure at the global level, which has a direct negative impact on Indian markets and export-oriented companies.

Highest loss in IT sector

From the sector point of view, a huge decline of more than 5 percent was recorded in the Nifty IT index, which is the biggest shock for the market today. Shares of Tech Mahindra have fallen the most by about 7 percent, after which there was selling in shares of HCL Tech, Infosys and TCS. Experts believe that disruption caused by Artificial Intelligence (AI) and monitoring of AI-driven business in the US has increased pressure on IT stocks.

Major rising and falling stocks

Bharti Airtel also remained prominent in the list of declining stocks, while realty and chemical sector stocks were also trading in deep red today. On the contrary, only Nifty Pharma index remained in the green, in which companies like Sun Pharma have tried hard to handle the market to some extent. HUL, NTPC and Power Grid were also among the few stocks which managed to gain marginally in this heavy fall environment.

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Midcap and smallcap situation

The situation in the broader market was also quite worrying as BSE Midcap 100 and Smallcap indices fell by more than 1 per cent each. Meanwhile, shares of Brahmaputra Infrastructure moved in the opposite direction and hit the upper circuit of 5 per cent at Rs 167 on BSE. The month-on-month decline of 0.36 percent in January’s retail payments data has also increased investors’ concerns about economic activities in the market a bit more.