During a cabinet meeting on Thursday (local time), Trump stated, "There will always be transition problems" with his trade policies with pausing certain tariffs but expressed pride in achieving "the biggest day in history" for markets on Wednesday.
Lok Sabha Leader of Opposition and Congress MP Rahul Gandhi on Monday attacked US President Donald Trump over the stock market situation and said that the US president has caused the stock market to tumble.
Asian stock markets faced a heavy sell-off on Thursday after US President Donald Trump announced reciprocal tariffs on multiple countries, including India. The move triggered a wave of uncertainty, leading to sharp declines across major indices in the region.
US stocks tumbled in after-hours trading as President Donald Trump delivered remarks at the Rose Garden and unveiled sweeping tariffs, according to a report by CNN.
Mumbai Indians (MI) debutant pacer Ashwani Kumar made a very impactful debut by triumphing four wickets against Kolkata Knight Riders (KKR), bowling them out for 116 in the 12th Match of the Indian Premier League (IPL) in Mumbai on Monday.
"Though Trump has been threatening BRICS countries also, it remains as to when he would press the button. This could be a knee jerk on the Rupee, but it's better to wait and watch for a couple of days" the currency expert said.
The Sensex tumbled by 703.95 points, or 0.85 per cent, to settle at 81,793.16, while the Nifty fell by 200.25 points or 0.79 per cent, closing at 25,049.85.
It was a game that saw records tumble on Day 1, with India recording the highest total on Day 1 in women's cricket by putting a score of 525/4 on the board.
Records toppled one after another with West Indies clinching a thumping 8-wicket win over the co-hosts the USA in the Super 8 of the ongoing T20 World Cup.
At the opening bell, the Sensex plunged by 1,135.48 points to 75,333.30, while the Nifty dropped by 408.35 points to open at 22,855.55. Among the Nifty companies, only 6 were advancing, and 44 were declining, reflecting widespread caution among investors.