
Nifty falls below 23,200 and the Sensex drops 1,400 points as bank and IT stocks fall ahead of the April 2 tariff deadline.
Ahead of former US President Donald Trump’s tariff deadline, investors were on edge, as the benchmark indices Nifty and Sensex continued to decline on April 1. The sell-off was led by Nifty IT and Pharma, which are the stocks most vulnerable to any trade shocks, and then banking stocks. Fear swept the Street as the…