During the tariff-related sell-off on April 7, 2025, the Sensex and Nifty hit intraday lows of 71,425.01 and 21,743.65, respectively, after US President Donald Trump announced sweeping “Liberation Day” tariffs. On March 30, 2026, the Sensex touched 71,774.13 and the Nifty fell to 22,283.85 amid heightened concerns over the Iran conflict and its potential impact on global energy supplies.