Benchmark domestic equity indices today plunged 1.32 percent each as US President Donald Trump’s decision to impose 25 percent tariffs on steel and aluminium imports dampened market sentiments.
The 30-share index at the Bombay Stock Exchange, Sensex, slumped 1,018 points to close at 76,294. Similarly, the National Stock Exchange Nifty-50 fell 310 points to settle at 23,072.
In the Forex market, the rupee today appreciated by 64 paise to settle at 86 rupees and 83 paise against the US dollar. In the Indian Bullion Market, 24 Karat Gold was trading at 85,210 rupees per 10 grams, while Silver 999 Fine was trading at 94,110 rupees per kilogram a short while ago.
Brent Crude was trading at 76 dollars and 79 cents per barrel, and WTI Crude was trading at around 73 dollars and 16 cents per barrel when reports last came in.