Stock Market Panic: ₹13 Lakh Crore Wiped Out in 4 Days, Investors Gripped by Fear Amid US Tariff Threat

Mumbai(The Uttam Hindu): The Indian stock market continued its downward spiral for the fourth consecutive day on Tuesday, sparking widespread panic among investors. Amid rising fears of impending US tariffs on Indian goods, benchmark indices Sensex and Nifty crashed again at the opening bell. Sensex dropped by nearly 180 points in early trade. Over the past four trading sessions, investors have lost a staggering ₹13 lakh crore in market capitalization.

The markets opened in red on Tuesday, attempted a mild recovery, but soon plunged again due to intense selling pressure. As of around 11 AM, both Sensex and Nifty remained weak. Key banking stocks like HDFC Bank and ICICI Bank, along with PSU giants like Power Grid and NTPC, faced significant declines. A few stocks such as Reliance and Trent showed slight gains.

The core trigger behind the steep fall is growing anxiety around US-India trade talks. With the August 1 deadline approaching for potential US tariffs on Indian products, investor sentiment is turning sharply negative. The selloff, which began last Wednesday, is now entering its fourth day.

On Monday, Sensex had dropped 572 points (0.70%) to close at 80,891.02 while Nifty fell 156 points (0.63%) to settle at 24,680.90. Cumulatively, Sensex has lost over 1,600 points in just four sessions. This massive decline has slashed the BSE market cap by over ₹13 lakh crore, triggering deep concern across financial circles. All eyes are now glued to upcoming developments in India-US trade negotiations.