https://www.taxtmi.com/news?id=58633 An announced additional 100% tariff on Chinese goods effective November 1 triggered risk-off sentiment and led to falls in domestic equity indices: Sensex down 173.77 points to 82,327.05 and Nifty down 58 points to 25,227.35. IT and FMCG sectors were the main underperformers while some financial and infrastructure stocks gained. The tariff escalation, alongside a US government shutdown, rising Brent crude and recent cross-border flows, acted as contemporaneous drivers of market volatility. en-us Mon, 13 Oct 2025 16:16:02 +0530 Mon, 13 Oct 2025 16:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=58633 An announced additional 100% tariff on Chinese goods effective November 1 triggered risk-off sentiment and led to falls in domestic equity indices: Sensex down 173.77 points to 82,327.05 and Nifty down 58 points to 25,227.35. IT and FMCG sectors were the main underperformers while some financial and infrastructure stocks gained. The tariff escalation, alongside a US government shutdown, rising Brent crude and recent cross-border flows, acted as contemporaneous drivers of market volatility. News - Mon, 13 Oct 2025 16:16:02 +0530 https://www.taxtmi.com/news?id=58633