Why stock market is falling today: Key factors behind today's fall; Sensex declines 600 pts, Nifty below 23,400
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Benchmarks equity indices Sensex and Nifty traded lower on Monday, as global trade concerns weighed on risk sentiment following US President Donald Trump's warning that he would impose new tariffs this week. The BSE Sensex was trading 629 points, or 0.81%, lower at 77,231. The Nifty50 was down 187 points, or 0.79%, trading at 23,372 around 10:50 am. The market capitalisation of all listed companies on BSE dropped by Rs 5.15 lakh crore to Rs 418.78 lakh crore. Why is the stock market falling today? 1) Trump’s tariff warning hits sentiment Trump announced on Friday that he plans to introduce reciprocal tariffs by Monday or Tuesday, escalating tensions in global trade. His move aims to impose tariffs on imports equal to the rates trading partners apply to US exports, adding uncertainty to global markets. 2) Rate cut hopes fade The US President also repeated warnings of imminent tariffs, including on steel and aluminium imports, an inflat...