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Home»Business»Sensex tanks 762 points, Nifty down by 212 points amid Trump’s move to double tariffs on steel, aluminium
Business

Sensex tanks 762 points, Nifty down by 212 points amid Trump’s move to double tariffs on steel, aluminium

June 2, 2025No Comments1 Min Read
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According to Reuters, Nifty Metal index dropped 1.4%, leading losses. IT companies, heavily exposed to the US market, fell 1.25%, adding to the drag.
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Indian Inventory Market Right this moment: Benchmark inventory indices Sensex and Nifty declined in early commerce Monday, following weak tendencies in Asian markets and renewed world commerce issues after US President Donald Trump threatened to double tariffs on imported metal and aluminium to 50% from June 4.

The BSE’s 30-share Sensex misplaced 762.24 factors to 80,688.77, whereas Nifty 50 dipped from 212.25 factors to 24,538.45.

From the Sensex companies, HDFC Financial institution, HCL Tech, Reliance Industries, Infosys, Tech Mahindra, Bajaj Finance, Larsen & Toubro, Titan, Tata Consultancy Providers and Tata Metal have been among the many largest laggards.

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Based on Reuters, Nifty Steel index dropped 1.4%, main losses. IT firms, closely uncovered to the US market, fell 1.25%, including to the drag.

In Asian markets — South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Dangle Seng have been buying and selling decrease.

© IE On-line Media Providers Pvt Ltd



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