NEW DELHI: (Apr 7) The Congress on Monday took a swipe at Prime Minister Narendra Modi over the stock market crash, saying both he and US President Donald Trump are experts in giving their economies “self-inflicted wounds” and that markets are reacting predictably in a “tariffying” manner.
Stock market benchmark indices went into a tailspin in early trade on Monday, with the Sensex and Nifty crashing over 5 per cent, mirroring a sharp fall in global equities, after US President Trump’s tariff hikes and retaliation from China fanned fears that a full-blown trade war will impact economic growth across the globe.
The 30-share BSE benchmark Sensex crashed 3,939.68 points or 5.22 per cent to 71,425.01 in early trade. The NSE Nifty tumbled 1,160.8 points or 5.06 per cent to 21,743.65.
