As of February 28, 2025, the Indian stock markets experienced a significant downturn, with both the Nifty 50 and BSE Sensex indices falling by approximately 1.2% in early trading. This decline is attributed to escalating concerns over a potential global trade war and signs of a slowing U.S. economy. U.S. President Donald Trump's announcement of a 25% tariff on imports from Canada and Mexico, effective March 4, along with proposed additional tariffs on China, has intensified market apprehensions. The information technology and financial sectors were notably impacted, with the IT index experiencing a sharp decline due to rising U.S. jobless claims and inflation worries. This marks the Nifty 50's fifth consecutive month of losses, the longest losing streak in nearly three decades.