Indian stock markets experienced a notable decline on Monday, October 13, 2025, primarily driven by a sell-off in IT and FMCG shares. This negative sentiment was a direct reflection of a broader weak trend across global markets, following an announcement by former U.S. President Donald Trump regarding an additional 100% tariff on Chinese imports, effective November 1.
The 30-share BSE Sensex concluded the day down by 173.77 points, or 0.21%, settling at 82,327.05, thereby ending its two-day winning streak. Earlier in the day, the index had plunged by as much as 457.68 points, or 0.55%, reaching 82,043.14.
Similarly, the 50-share NSE Nifty recorded a drop of 58 points, or 0.23%, to finish at 25,227.35. A majority of its constituents, specifically 30 firms, closed in the red, while 19 registered gains, and one remained unchanged.
Among the Sensex-listed companies, major underperformers included Tata Motors, Infosys, Hindustan Unilever, Power Grid, Bharat Electronics, ITC, UltraTech Cement, and Tata Consultancy Services. Conversely, Adani Ports, Bajaj Finance, Bajaj Finserv, and Axis Bank managed to close with gains.
The ripple effect of the U.S. tariff announcement was clearly visible in Asian trading. South Korea’s Kospi, Shanghai’s SSE Composite Index, and Hong Kong’s Hang Seng all closed lower. Tokyo’s equity markets were closed for a public holiday.
This Asian slump followed a significant downturn in U.S. markets on Friday, October 10, 2025. The Nasdaq Composite plummeted 3.56%, the S&P 500 tumbled 2.71%, and the Dow Jones Industrial Average dropped 1.90%.
Vinod Nair, Head of Research at Geojit Investments Limited, commented on the situation, stating, “The domestic markets began the week cautiously as the ongoing U.S. government shutdown and escalating U.S.-China trade tensions fueled a risk-off sentiment across Asia.”
Further compounding the global economic landscape, the international oil benchmark Brent crude saw a rise of 1.77%, trading at $63.84 a barrel.
According to exchange data, Foreign Institutional Investors (FIIs) were net buyers on Friday, purchasing equities worth ₹459.20 crore.