Mumbai, April 7 -- Former Maharashtra Chief Minister and Congress leader Prithviraj Chavan on Monday slammed Prime Minister Narendra Modi's handling of India's bilateral relationship with the US as the Indian stock market continued to be in the red after President Donald Trump's announcement of sweeping tariffs.

"Indian stock market has crashed hugely. It opened up about 3,000 points down...This happens to be the 5th or 6th biggest fall in the stock market. Unfortunately, the PM is depending on his personal chemistry with US President Donald Trump, and he thinks that he can conduct diplomacy on a personal repo with the American President," Chavan told ANI.

"Global diplomacy doesn't work that way...The global recession will hurt us badly...