Mumbai, April 8, 2025: Indian stock markets opened to a bloodbath on Tuesday, with the Nifty plunging to a one-year low and both the Nifty and Sensex falling over 5% in early trade. Investor sentiment was rattled by weak global cues, heightened geopolitical tensions, and concerns over foreign fund outflows. The sharp decline wiped out billions in market capitalization within minutes of opening.
Analysts attribute the sell-off to a combination of factors including fears of aggressive rate hikes in the West, pressure on the rupee, and broader uncertainty in global equity markets. Sectors like banking, IT, and real estate were among the hardest hit, as traders braced for more volatility in the coming sessions.
