{"id":11414,"date":"2018-03-25T16:51:24","date_gmt":"2018-03-25T11:21:24","guid":{"rendered":"http:\/\/indusvalleytimes.com\/news\/?p=11414"},"modified":"2018-03-25T16:51:24","modified_gmt":"2018-03-25T11:21:24","slug":"stocks-tumble-5-month-low-trade-war-fears-escalates-log-4th-weekly-loss","status":"publish","type":"post","link":"https:\/\/indusvalleytimes.com\/news\/stocks-tumble-5-month-low-trade-war-fears-escalates-log-4th-weekly-loss\/","title":{"rendered":"Stocks tumble to 5 month low as trade war fears escalates; log 4th weekly loss"},"content":{"rendered":"

Mumbai,Mar 23(PTI): The BSE Sensex plunged by about 410 points to close at a five-month low while the broader Nifty crashed below the 10,000 mark for the first time this year following a global sell-off due to fears of a trade war as the US President Donald Trump announced tariffs on Chinese goods.
\nThe 30-share Sensex tumbled by 409.73 points or 1.24 per cent to close at five month low of 32,596.54, a level last seen on October 23 last year, when it had closed at 32,506.72.
\nThe 50-issue Nifty ended below the psychological 10,000-level by dropping 116.70 points or 1.15 per cent to 9,998.05, the lowest closing level in five months.
\nThe level was last seen on October 11 last year, when it had closed at 9,984.80. Realty, metal, bankex, capital goods, healthcare, PSU, auto and oil and gas stocks recorded widespread losses.
\nMetal stocks led by SAIL, Jindal Steel, Vedanta, Hindalco Ind. Jindal Steel, National Aluminium, Hindustan Zinc, Tata Steel, NMDC and JSW Steel fell up to 6.58 per cent due to intense selling pressure.
\nFor the fourth straight week, the flagship Sensex recorded a fall of 579.46 points, or 1.75 per cent, while the NSE Nifty lost 197.10 points, or 1.93 per cent.
\nInvestor sentiment turned extremely bearish, in line with sharp losses on the Wall Street, Asian and European markets, on growing fears of a global trade war after Donald Trump imposed tariffs on Chinese imports and Beijing drawing up a list of retaliatory measures, brokers said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mumbai,Mar 23(PTI): The BSE Sensex plunged by about 410 points to close at a five-month low while the broader Nifty crashed below the 10,000 mark for the first time this<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1,13,348,46],"tags":[],"class_list":["post-11414","post","type-post","status-publish","format-standard","hentry","category-uncategorized","category-business","category-national-news","category-top-stories"],"yoast_head":"\nStocks tumble to 5 month low as trade war fears escalates; log 4th weekly loss - Indus Valley Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indusvalleytimes.com\/news\/stocks-tumble-5-month-low-trade-war-fears-escalates-log-4th-weekly-loss\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stocks tumble to 5 month low as trade war fears escalates; 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