Live: Nifty Crashes 1,000 Points Intra-day, Still Outperforms Global Peers|Ajay Bagga On Way Forward

business Live: Nifty Crashes 1,000 Points Intra-day, Still Outperforms Global Peers|Ajay Bagga On Way Forward Tariff turbulence rocked Dalal Street on Monday as the Nifty logged its worst intra-day fall since June 4, 2024, dropping 1,000 points amid a staggering ₹20 lakh crore rout. While Indian markets crashed, they managed to outperform their global peers. European markets sank, and Asia faced a sharp downturn, with Nikkei entering bear market territory and Hang Seng nosediving 13%.

US futures sank 4%, raising fears of a 'Black Monday' redux. The India VIX surged 60%, while mid and smallcaps shed nearly 5%. Over 600 stocks hit new 52-week lows as the market turmoil deepened.



first published: Apr 7, 2025 03:36 pm.