Trump tariff impact? Sensex opens over 500 points down after US vowed 25% levies on Indian imports

Trump tariff impact? Sensex opens over 500 points down after US vowed 25% levies on Indian imports

Indian stock markets opened sharply lower on Thursday, July 31, after US President Donald Trump announced a 25 per cent tariff on most Indian imports. The Sensex plunged over 500 points at the open, while the Nifty 50 slipped below the 24,650 mark, as investors reacted.