Dalal Street witnessed a massive meltdown on April 7, with the Sensex and Nifty tumbling over 3%, wiping out a staggering \u20b916 lakh crore in market capitalisation in just one trading session. The selloff \u2014 the sharpest intraday fall since June 2024 \u2014 sent shockwaves across markets, as fears of a global trade war triggered widespread panic among investors.<\/p>\n
\nIt was nothing short of a bloodbath on the bourses today,” said a market expert, describing the day\u2019s action.<\/p>\n<\/blockquote>\n
Markets in Freefall<\/strong><\/h3>\n
By 2:50 pm, the Sensex had tanked 2,707 points (3.59%) to 72,656.86, while the Nifty plunged 884 points (3.86%) to 22,020.20. The mood on Dalal Street was somber, with more than 3,200 stocks declining, and only 327 managing to stay in the green.<\/p>\n
\nThis steep fall erased weeks of gains and left investors staring at heavy losses across portfolios.<\/p>\n<\/blockquote>\n
What Sparked the Crash?<\/strong><\/h3>\n
The root of the panic was traced back to Donald Trump\u2019s aggressive tariff stance, which rattled global markets. Investors are concerned that a full-blown global trade war could be on the horizon, especially after countries like China, Canada, and the European Union hinted at retaliatory tariffs on U.S. goods.<\/p>\n
\nThe fear of a global recession, combined with inflation pressures and slowing consumption, is what spooked investors today,\u201d explained Siddhartha Khemka, Head of Research and Wealth Management.<\/p>\n<\/blockquote>\n
With uncertainty growing over whether any resolution will be reached before the next wave of tariff hikes, the selloff turned into a stampede, pulling down even fundamentally strong stocks.<\/p>\n
What Should Investors Do Now?<\/strong><\/h3>\n
Despite the chaos, experts are urging investors to stay calm and avoid panic selling. Khemka advised against taking hasty decisions or placing risky bets in such a volatile market.<\/p>\n
\nThis is a time for a disciplined, long-term approach. Investors should look at this correction as an opportunity to accumulate strong, domestic-focused companies,\u201d he said.<\/p>\n<\/blockquote>\n
Sectors like consumption, financial services, and banking are expected to hold up better against global headwinds compared to export-heavy segments such as IT, pharma, and metals.<\/p>\n
Looking Ahead<\/strong><\/h3>\n
While the immediate outlook remains clouded by geopolitical uncertainty and economic concerns, the long-term fundamentals of the Indian market remain intact. Market veterans believe that once global sentiment stabilizes, Indian equities may recover, supported by domestic demand and structural growth.<\/p>\n
\nFor now, caution is key \u2014 but so is conviction in long-term investing.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"
Dalal Street witnessed a massive meltdown on April 7, with the Sensex and Nifty tumbling over 3%, wiping out a staggering \u20b916 lakh crore in market capitalisation in just one trading session. The selloff \u2014 the sharpest intraday fall since June 2024 \u2014 sent shockwaves across markets, as fears of a global trade war triggered […]<\/p>\n","protected":false},"author":2,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1329],"class_list":{"0":"post-6451","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1329,"user_id":2,"is_guest":0,"slug":"snehagandhi","display_name":"Sneha Gandhi","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/10\/Sneha-Gandhi.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/10\/Sneha-Gandhi.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/6451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=6451"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/6451\/revisions"}],"predecessor-version":[{"id":6453,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/6451\/revisions\/6453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/6452"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=6451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=6451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=6451"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=6451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}