<h1>Stock markets fall as US announces 100% tariff on Chinese goods effective November 1, prompting global sell-off.</h1> An announced additional 100 per cent tariff on Chinese goods effective November 1 led to early declines in benchmark equity indices, rekindling fears of a renewed trade conflict; although later comments softened the stance and futures recovered somewhat, investor caution and global market weakness kept indices lower with sectoral losers, higher Brent crude, and prior-day foreign institutional purchases noted.