India's Stock Market Plummets Amid Tariff Uncertainty
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- Market Sell-off: India's stock market faced its worst single-day drop in four months due to rising concerns over imminent U.S. tariffs on Indian exports, with the Sensex index declining by 0.93% and the Nifty 50 index falling by 1.04%, indicating significant investor anxiety about future market conditions.
- Sector Impact: All 16 major sectors in India ended lower, with seafood exporters Apex Frozen and Avanti Feeds experiencing declines of 7.8% and 8.6% respectively, reflecting a strong market reaction to the heightened export risks.
- Foreign Capital Outflow: Since the beginning of the year, foreign investors have liquidated shares worth $900 million, despite achieving record sales of $19 billion in 2022, highlighting growing market unease about future economic stability.
- Tariff Risk Escalation: The U.S. is considering raising tariffs on Indian goods from 50% to 500%, which would significantly impact companies reliant on the U.S. market, particularly Reliance Industries and other export-oriented firms.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
