New Delhi: The beginning of the new financial year has been nothing less than a nightmare for the Indian stock market. Economic turmoil at the global and domestic level has shaken the market. This crisis began when US President Donald Trump announced a reciprocal tariff policy on April 2. Since then, not only US indices like Nasdaq, Dow Jones and S&P have seen a huge decline, but Chinese markets’ indices like SSE, Hangseng and CSI have also not remained untouched by it. This global storm also affected the Indian stock market, which dealt a severe blow to the country’s big business houses—Tata, Ambani, Adani and Birla.

Tata Group: Loss of Rs 2.75 lakh crore

Since the beginning of the week, there has been a huge sell-off in the shares of Tata Group companies. The total market capital of the group has decreased by Rs 2.75 lakh crore. Major companies like Tata Consultancy Services (TCS), Tata Motors, Tata Steel and Titan are affected by this decline. A senior TCS official said on the condition of anonymity, “Weakening global demand and reduction in profits in the information technology sector have affected us.” Tata Steel and Tata Motors are also facing a slowdown in the metal and auto sectors.

Ambani’s Reliance: 1.56 lakh crore hit

Mukesh Ambani’s Reliance Industries also could not escape this crisis. The company’s market capitalization declined by Rs 1.56 lakh crore. Reliance has suffered losses due to reduced refining margins in the petroleum and chemical business. Apart from this, shares of Jio Financial Services also declined. A market analyst said, “Fluctuation in oil prices and reduction in global demand have put pressure on Reliance’s business.” This situation has become a matter of concern for Ambani’s huge empire.

Adani Group: 56,700 crore setback

Adani Group companies also suffered losses this week. The group’s market capitalization declined by Rs 56,700 crore. Stocks like Adani Enterprises, Adani Green, Adani Ports and Adani Power saw a decline. Rising interest rates and debt burden have increased the company’s problems. Expressing his disappointment, an investor said, “We thought Adani’s business would remain strong, but global pressure changed everything.” This decline is raising questions on Adani’s expansionist dreams.

Birla Group: Decrease of Rs 42,000 crore

Aditya Birla Group was also not untouched by this crisis. The group’s market capitalization declined by Rs 42,000 crore. UltraTech Cement faced a reduction in margins due to rising energy costs, while uncertainty over non-banking financial companies (NBFCs) affected the shares of Aditya Birla Capital and Grasim. An expert said, “The current challenges in the cement and NBFC sector are creating problems for the Birla Group.” Other big players also affected
ICICI Bank’s market capitalization fell by Rs 45,000 crore. The reduction in interest margins in the banking sector and the selling by foreign investors hurt it. At the same time, the integration challenges after the merger of HDFC Bank and HDFC Limited reduced the company’s market cap by Rs 43,000 crore. Murugappa Group also suffered a loss of Rs 34,000 crore, with stocks like Tube Investments and Cholamandalam Investments affected.
Effect of global crisis
Trump’s tariff policy has created uncertainty in global trade. The fall in the US and Chinese markets also hit the Indian stock market. Market expert Ajay Mehta said while analyzing, “This is a temporary setback. As the situation stabilizes, the market is expected to improve. But right now investors have to be cautious.” He believes that in the long term these companies can regain their strength.
Advice for investors
This is the time for investors to be cautious. Given the volatility of the market, experts advise that in-depth research and analysis is necessary before making any investment. This crisis may be challenging for big business houses, but history is a witness that the Indian market has been able to overcome difficulties. At present, investors need to take decisions with patience and prudence.

Note: Investing in the stock market is full of risk. Read all the documents carefully and seek expert advice before taking any step.