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of <h1>Sensex and Nifty Plummet Amid Global Market Turmoil Following New US Tariffs on China</h1> Benchmark indices Sensex and Nifty dropped significantly in early trade due to global market turmoil following the announcement of a new 10% tariff on Chinese products by the US President. The Sensex fell by 790.87 points to 73,821.56, while the Nifty decreased by 231.15 points to 22,313.90. Major declines were seen in stocks like IndusInd Bank and Mahindra & Mahindra, while Reliance Industries and HDFC Bank showed gains. Asian markets also suffered losses, and US markets closed sharply lower. The uncertainty surrounding tariff announcements continues to unsettle investors, with foreign institutional investors selling equities worth Rs 556.56 crore.
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