Nifty last close:22161.60 (-3.25%)
Dalal Street went into freefall on April 7, as panic-selling turned the bourses into a bloodbath
Triggered by Donald Trump’s tariff tantrum on Wall Street
The sharpest intraday collapse since June 2024
At close, the Sensex was down 2,226.79 points or 2.95 percent at 73,137.90
Nifty was down 742.85 points or 3.24 percent at 22,161.60
All sectoral indices ended in the red
Metal index down 6.7 percent, Realty Index down 5.6 percent
PSU Bank, Energy, and IT down between 2.5-4 percent on April 7.
mid and smallcap 100 indices also showcased bearish trends with losses of 4 percent each
India VIX — the fear gauge of the domestic market — soared as much as 66 percent to 22.85 on April 7
Rs 1 lakh cr gone! Tata Stocks: MEGA CRASH in Nifty 50 shares Tata Motors, Tata Steel, TCS, Titan, Trent, Tata Consumer
FIIs continued their selling on the sixth day on March 7, with selling equities worth Rs 9040 crore
Domestic institutional investors (DIIs) turned into net buyers as they bought equities of Rs 12122 crore
Most major stock indexes ended a turbulent Monday lower
U.S. President Donald Trump showed no sign of easing up on his global trade war, while US Treasury yields rebounded
The European Union proposed counter-tariffs on Monday
while Trump threatened to add another 50% duty on U.S. imports from China on Wednesday if it did not withdraw its 34% retaliatory tariffs from last week
The Dow Jones Industrial Average fell 349.26 points, or 0.91%
S&P 500 dropped 11.83 points, or 0.23%, to 5,062.25
Nasdaq Composite rose 15.48 points, or 0.10%, to 15,603.26
Apple -3.7%, after Trump’s threat to double-down on China tariffs
Apple has lost nearly $640 billion in market cap over the past three trading days
10-year Treasury yield at 4.18%
Dollar Index at 102.9
Brent Crude at 65$/barrel
Bitcoin at 79300$, intraday hit 74000$
Gold -2.4% at 2963$/ounce
Asian stocks bounced back after the worst day on record
GiftNifty Indicates a gap up opening for the index
Nifty is facing a intraday resistance 22260 and 22360
If stays above 22360 finding a next resistance around 22500
On other side, Nifty considering a supports 22100 and 22020
Below 22020 finding a next supports 21900 and 22770
Updated: 09.06 am / 08th April 2025
