Mumbai, May 30, 2025 – Indian stock markets came under pressure on Thursday as global investor sentiment weakened following a key legal development in the United States. The US Federal Court granted an interim go-ahead for the reimplementation of tariffs introduced during former President Donald Trump’s administration, pending a final decision by the Higher Court. The news rattled global markets, including India, where benchmark indices Nifty and Sensex saw sharp declines in early trade.
Market analysts noted that the revival of Trump-era tariffs could reignite global trade tensions, particularly affecting emerging markets like India. Sectors reliant on exports and global supply chains bore the brunt of the sell-off, with technology, metal, and auto stocks among the hardest hit. Investors are expected to remain cautious until further clarity emerges from the US judiciary on the future of the tariffs.
