Stock Market Live Updates 3 April 2025: Gift Nifty signals 300-point gap down as Trump’s tariff plan hits sentiment

Sensex, Nifty, Share Prices LIVE: Global markets took a significant hit following US President Donald Trump’s controversial “Liberation Day” proposal, causing equities in Australia, Japan, and South Korea to plummet by up to 3.5%. The US futures for the S&P 500 and Nasdaq 100 faced steep declines of over 3.5% and 4.5% respectively. The proposal’s adverse effects are particularly pronounced for export-driven sectors in India, including pharmaceuticals, iron and steel, and electronics, due to rising tariffs. Experts such as Amit Sarkar and Kelvin Wong indicated that while US businesses might be forced to absorb higher production costs, the fear of stagflation in the US could further complicate market dynamics. Derivative trading signals a bearish outlook, with call writers dominating put writers, reflecting caution among traders. As the session progresses, some analysts remain hopeful for a market rebound after the initial turmoil.



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