The Indian stock market faced a ‘Black Monday’ today with tariffs from US President Trump causing a significant downturn. BSE Sensex and NSE Nifty fell over 4%, erasing Rs 19 lakh crore in market capitalization. The tariffs imposed by US President Donald Trump on over 180 countries across the globe have unleashed an ‘economic nuclear war.’ While India has indicated that it does not plan to retaliate against Trump’s levies, the knock-on impact from a slowing global economy and a potential US recession are expected to keep the apprehension high. How serious is the situation and what should the investor do – that’s what we ask today?
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