Sensex & Nifty Plunge Amid Trade War Concerns

India’s benchmark indices, Sensex and Nifty, slumped over 1.3% on Tuesday, marking their fifth straight session of losses. The fall—deepest in three weeks—was triggered by escalating US trade tensions, Trump’s tariff hikes, foreign fund outflows, and weak earnings. Broader indices took a bigger hit, with BSE Midcap and Smallcap plunging up to 3.5%. The rupee’s volatility added further pressure, fueling FII sell-offs.