• Source:JND
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Stock Market Crash Update: The Indian stock market index Sensex fell 1,235 points to a seven-month low on selling amid global trade war concerns after US President Donald Trump announced tariffs on neighbouring countries on his inauguration day. 

The 30-share BSE index 'Sensex' fell 1,235.08 points, or 1.60 per cent, to 75,838.36, led by losses in heavyweights like Reliance Industries and ICICI Bank. During the day, the BSE benchmark slumped 1,431.57 points, or 1.85 per cent, to a low of 75,641.87.

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Key reasons behind the crash in the stock market today

Profits booked in big stocks: Intense selling of top-weighted stocks, among them Reliance Industries fell 2.5%, HDFC Bank (-0.8%), ICICI Bank and State Bank of India plunged up to 3% pulled the market down.

Downbeat Q3 results: Soft Q3 numbers failed to help the optimism of investors as during the quarter Zomato fell 11% as it plummeted 57%, in Q3, valuations became a cause of concern for Dixon Technologies slid 14%.

Politics of Donald Trump: Market jitters mounted on the intentions of Trump to put a 25% tariff on Mexico and Canada and sticky tariffs on China that would have a direct bearing on world trade and Indian technology stocks.

Pre-Budget Caution: Investors continued their cautious approach ahead of the Union Budget 2025, which was seen as focusing on rural and infrastructure spending while being prudent on the fiscal front.

Foreign Capital Outflows: Persistent FPI selling during January to the tune of ₹51,000 crores outflows, driven by rising US bond yields and a strong dollar added to market pressure.

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