Trump tariff bleed Indian markets: Investors lose Rs 11.3 lakh crore since April 2

Indian buyers suffered a large massacre at Dalal avenue, with the market capitalisation of BSE-listed corporations falling by a staggering Rs 11.30 lakh crore since the start of April.
The downfall was triggered by ongoing tariff considerations fueled by a collection of aggressive tariff bulletins between the United States and China.
Since April 2, the BSE benchmark Sensex tumbled 1,460.18 factors, or 1.90 per cent. This decline mirrored rising uncertainty throughout world monetary markets, which had been first shaken when US President Donald Trump launched a sweeping tariff plan within the first week of April.
From Rs 412.98 lakh crore on April 2, the entire market capitalisation of BSE-listed corporations had fallen to Rs 401.67 lakh crore, a drop of over Rs 11.3 lakh crore ($ 4.66 trillion).
The announcement set off fears of a full-blown commerce struggle, particularly after China responded with retaliatory duties mountain climbing tariffs on American items by 125 per cent, after the latter introduced imposing a 145 per cent levy.
India, too, was caught within the crossfire, with the US asserting a 26 per cent tariff on Indian imports.
However, the turmoil ceased when Trump suspended the tariffs for 90 days till July 9, with benchmark indices rising practically 2 per cent after the US quickly paused extra import duties for many international locations, excluding China.
“Markets had a rocky start to the new fiscal year after Trump announced sweeping reciprocal tariffs on the world. Global markets witnessed sharp losses, and India also was not immune to the sell-off but fared relatively better so far,” stated Satish Chandra Aluri, analyst at Lemonn markets desk.
Vishnu Kant Upadhyay, AVP, analysis & advisory at Master Capital Services, stated that whereas Indian markets have confronted a number of challenges in current weeks, the largest concern stays the worldwide uncertainty stemming from US-China tensions.
He stated that Indian fairness markets are going via a posh panorama formed by world uncertainties and potential shifts in US commerce coverage. While home resilience and strengthening company earnings may provide a base for restoration, investor sentiment is beneath stress.
He added that regardless of the correction that started late final yr, there’s optimism a couple of market rebound within the second half of FY26, pushed by improved company earnings and renewed overseas capital flows, as valuations at the moment are extra engaging.
(*2*) Upadhyay stated.
He additional emphasised that India’s economic system stays on strong footing, however sustained coverage assist and resilience shall be important to defend home industries from exterior shocks.
Markets remained closed on April 10 and April 14 on account of Mahavir Jayanti and Dr B R Ambedkar Jayanti, respectively.