Markets Crash as Global Jitters Erase ₹16 Lakh Crore in Value

Dalal Street saw its worst intraday fall since June 2024, with Sensex and Nifty plunging amid global panic sparked by US tariffs. ₹16 lakh crore in market value was wiped out. Metals led sectoral losses, while Tata Motors slumped 8% after JLR paused US shipments. Siemens India nosedived over 50% as it turned ex-demerger on April 7.