Indian equity markets witnessed a sharp sell-off today, with the Sensex plunging over 800 points and the Nifty slipping below 24,400, as investor sentiment soured following aggressive tariff measures announced by U.S. President Donald Trump. The decline was broad-based, led by metal, auto, and IT stocks, which bore the brunt of the selling pressure. What Triggered the Fall? 1. Trump’s 50% Tariff on Indian Exports In a retaliatory move against India’s continued oil trade with
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07August
Indian Stock Market Opens in Red After Trump’s 50% Tariffs on India: What It Means for Investors
The Indian stock market opened sharply lower on Thursday, August 7, following a surprise announcement by U.S. President Donald Trump imposing a steep 50% tariff on Indian exports. The move, which doubles the previous 25% levy, has rattled investor sentiment and triggered a broad-based sell-off across export-oriented sectors. Market Snapshot: Opening Bell Shock Nifty 50 fell below the 24,500 mark, opening at 24,460.05, down over 114 points BSE Sensex dropped 335 points to 80,208.28 in
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In a sweeping move that could reshape the global tech supply chain, President Donald Trump has announced a 100% tariff on imported computer chips and semiconductors, unless they’re manufactured within the United States. The policy, set to take effect in 21 days, is already sending shockwaves through the electronics industry and raising concerns about rising consumer prices. What the Tariff Means Trump’s announcement, made during a press briefing with Apple CEO Tim Cook, is part
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07August
Apple Commits Additional $100 Billion to U.S. Manufacturing: Trump Hails Historic Investment
In a major boost to domestic manufacturing, President Donald Trump announced that Apple Inc. will invest an additional $100 billion in the United States over the next four years. This move raises Apple’s total U.S. investment commitment to $600 billion, making it one of the largest corporate pledges in American history. The announcement was made during a press conference at the White House, where Apple CEO Tim Cook joined Trump to unveil the expansion under
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The Reserve Bank of India (RBI) held its benchmark repo rate unchanged at 5.5% in its August 2025 policy review, maintaining a neutral stance amid global trade uncertainties and cautious inflation projections. While the move was widely anticipated, it triggered a broad-based decline in interest rate-sensitive sectors, including automobiles, real estate, and banking, as investors recalibrated expectations for monetary easing. Policy Highlights Repo Rate: Held steady at 5.5% Inflation Forecast: Revised down to 3.1% for
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