Trade Wars & Trump Tariffs- Tata Steel Fails to Shake Off Challenges, Tanking By 3.41% At Closing

08 April 2025
2 min read
Trade Wars & Trump Tariffs- Tata Steel Fails to Shake Off Challenges, Tanking By 3.41% At Closing
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8th April, 2025 / 3:30 PM

Tata Steel share prices started the day at ₹134.89, growing by a handsome 3.60% in comparison to yesterday’s closing price. The latter was also 1.71% more than the opening prices on 7th April and this came as a welcome relief for investors after yesterday’s opening saw prices crashing by a high margin. Yet, despite the initial momentum, share prices fell to ₹130.94, around 2.92% lower than the opening prices, after hitting ₹135.74 early on and then plunging to ₹128.17.

Tata Steel has closed 8th April at ₹130.28, which is 3.41% lower than the opening price, marking a (continuation/reversal) of the midday trends and a (departure from/return to) the growth curve seen yesterday at closing and also at opening today. The company has been impacted by news of

8th April, 2025 / 12:30 PM

Tata Steel share prices opened at ₹134.89 today (8th April) and this was around 3.60% more than yesterday’s closing price. This came on the back of the company looking to shut down loss-making furnaces in the UK and shift more focus toward growth prospects in India. By midday, however, the share prices were at ₹130.94, which is about 2.92% lower than the opening figures today.

The highest point today was ₹135.74 initially, before a slump to ₹128.17 and then a moderate recovery to the midday numbers. Fears of trade wars and Trump tariffs may still impact share prices in the near future. 

8th April, 2025 / 9:30 AM

Even though the impact of Trump tariffs has been severe on Tata Steel stock prices, the company seems to have made a positive turnaround, opening at ₹134.89, which is 3.60% higher than the closing price of ₹130.20 on 7th April. Interestingly, there was a massive slump at the opening yesterday, when the stock touched ₹128, which was lower than 4th April’s closing price (₹140.67) by 9%. However, there was a midday recovery seen, when the prices stabilized at ₹128.05 and then closed at ₹130.20, which was about 1.71% more than the opening numbers. 

Trade wars, tariffs, and other geopolitical developments still make the stock vulnerable towards fluctuations, although its recent decision to shut its loss-making UK furnaces and focus more on growing in India may impact stock prices positively down the line. 

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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