07
Apr
Mumbai (National Times): Indian stock markets witnessed a massive rout on Monday morning, echoing a sharp global selloff. Triggered by escalating trade tensions and sweeping tariff announcements from the United States, both benchmark indices – Nifty 50 and BSE Sensex – opened with steep losses, each plunging around 5% at the opening bell. The Nifty 50 opened at 21,758.40, dropping 1,146.05 points or 5%, marking one of its steepest single-day opening declines since the COVID-19 pandemic. Similarly, the BSE Sensex slumped by 3,984.80 points, or 5.29%, to open at 71,379.80. Global Panic Hits Indian Markets This crash follows a widespread…