India’s stock market indices Sensex and Nifty lost big on Monday following global cues. Stock markets across the globe are falling fearing a recession in US
At the time of filing this copy, both Nifty and Sensex are trading 2.6 percent down.
Earlier, Nasdaq futures were down over 2 percent while the Nasdaq entered the correction territory as the index is off 10 percent from all-time highs.
Among Asian markets, Japanese markets lead losses as the Nikkei and Topix drop as much as 7 percent.