Indian equity markets continued their downward trajectory for the second straight session on April 4, 2025, as fears of a global trade war intensified following U.S. President Donald Trump’s announcement of reciprocal tariffs. Investor sentiment was weighed down by concerns of potential disruptions to global trade flows and the broader impact on emerging markets.
At market close, the BSE Sensex plummeted 930.67 points or 1.22% to end at 75,364.69, while the NSE Nifty 50 slumped 345.65 points or 1.49%, closing at 22,904.45.
Several key stocks in the Nifty 50 faced notable declines today, with Tata Steel, Hindalco Industries and ONGC leading the losses. Let’s take a closer look at the top losers of the Nifty 50, according to Trendlyne.
Nifty 50 top losers on April 4
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Tata Steel closed at ₹140.4, down 8.6%.
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Hindalco Industries dropped 8.1% to ₹600.
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Oil and Natural Gas Corporation (ONGC) slumped 7.1%, ending at ₹226.
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Tata Motors saw a 6.1% decline, closing at ₹613.9.
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Cipla fell 5.4%, closing at ₹1415.3.
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Larsen & Toubro (L&T) slipped 4.7%, closing at ₹3259.
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Adani Ports and Special Economic Zone ended 4.0% lower at ₹1152.
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Wipro was down 3.9%, closing at ₹246.3.
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IndusInd Bank also lost 3.9%, ending at ₹682.
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Tech Mahindra saw a 3.5% decline, closing at ₹1321.
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