India, April 7 -- The Indian market plunged in red during early trade, with the Sensex crashing by 3,000 points and Nifty 50 slipping below 21,800 on Monday.

The BSE Midcap and Smallcap indices collapsed by 10 percent.

As of 9.37 am, the Sensex was down by 2260.76 points to stand at 73103.93.

Nifty stood at 21,888. 35, plunging by 1016.10.

The Indian market replicated the fall that global markets in Asia, Europe and the US registered.

It is believed that uncertainty over the tariffs announced by US President Donald Trump fuelled the tension in the market.

Trump's rigid approach on tariffs imposed on over 100 countries has triggered panic in the market.

Hopes of reaching a deal with negotiations are still not in sight.

Exeprts

Dr....