Market sentiment sours as Sensex falls over 1,390 points; global trade worries and profit-booking send stocks tumbling across sectors.
March 1, 2025: On April 1, the Indian stock market experienced a sharp sell-off, with 196 stocks hitting 52-week lows, including names like Tata Elxsi, Titan Company, Central Bank of India, and Metropolis Healthcare. Meanwhile, 76 stocks hit 52-week highs, with AAVAS Financiers, Coromandel International, and JK Cement among the gainers.
Also Read: Trump’s Tariffs Target Indian Exports: Liquor, Meat & Sugar Among Worst-Hit Sectors
The Sensex fell over 1,390 points to close at 76,024, while Nifty 50 ended 349 points down at 23,165, marking the worst single-day drop in a month. Investor anxiety over US President Donald Trump’s proposed ‘Liberation Day’ reciprocal tariffs weighed heavily on sentiment, with fears of a global trade conflict affecting IT and pharma stocks in particular.
Also Read: Sensex Crashes 1,400 Points: 5 Reasons Behind the Market Meltdown
Profit-booking following a robust March rally and demand concerns in tech also contributed to the slide, pulling down overall BSE market capitalization.
Also Read: Gold Prices Hit ₹90,830— New All-Time High Amid Trump Tariff Fears & Global Uncertainty
According to technical analysts, Nifty’s 50EMA will act as a key support. A breakdown below 23,115 could deepen the correction, while 23,250 is the immediate resistance for a potential bounce back.
Tags:
Sensex Today, Nifty 50 Crash, Stock Market News, Trump Tariffs, 52-Week Lows, 52-Week Highs, Indian Economy, Market Selloff, BSE, NSE, April 2025 Markets, Global Trade War, Investor Sentiment