Black Monday for Indian Markets: Sharad Kohli Warns of Recession Risk After Global Sell-Off

By A Staff Reporter

Mumbai | Indian stock markets witnessed a dramatic meltdown on Monday, with benchmark indices Sensex and Nifty plunging over 5%, wiping out significant investor wealth and mirroring deep losses across global markets. The sharp downturn follows a massive sell-off on Wall Street last Friday, triggered by escalating trade tensions and policy uncertainties.

Market expert Sharad Kohli described the day as “Black Monday,” noting the fall was expected after the U.S. markets dropped more than 6% at the end of last week. “Today’s crash was quite expected. I believe the tariffs imposed by President Trump aren’t going down well. There’s internal protest in America. Practically all global markets are down, including India,” Kohli said.

He warned that the ripple effect of aggressive protectionist policies, especially the imposition of steep tariffs by the U.S., could have far-reaching consequences. “This could erode the capital markets further and might even trigger a global recession. It’s high time President Trump rethinks his entire strategy,” Kohli added.