Indian stock markets opened sharply lower on Monday, weighed down by broad-based selling and global cues.
The BSE Sensex started at 82,278, down 223 points (0.27%), while the Nifty50 slipped 105 points (0.42%) to 25,180 in early trade. Domestic equities followed the bearish trend in Asian markets after renewed US-China trade tensions. US President Donald Trump’s warning of stricter tariffs on Chinese imports has reignited concerns over global trade, impacting investor sentiment.
Broader market indices also reflected weakness, with the Nifty MidCap down 0.5% and the Nifty SmallCap falling 0.64%. Sectorally, Nifty IT led the losses, declining 0.9%, followed by Nifty Metal, which dropped 0.69%.
Global Cues
Investors are keeping a close eye on China’s latest export and import data, as well as India’s September 2025 inflation numbers. Asian markets opened in the red amid escalating trade tensions between the US and China. South Korea’s Kospi fell 2.35%, while Australia’s S&P/ASX 200 declined 0.68%. Japanese markets remained closed for a public holiday.
Last Friday, Wall Street’s major indices saw sharp declines, with the S&P 500 and Nasdaq Composite falling 2.71% and 3.56%, respectively — the steepest single-day drops since April 10. The sell-off followed Trump’s announcement of a 100% tariff on Chinese imports, effective November 1, in response to China’s tightened export controls on rare earth materials.
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